Tim Soto
Commercial Property with 100% Financing but Not Cash-flowing
I recently had a Letter Of Intent (LOI) accepted by a very motivated seller, who responded to one of my Direct Mail letters, and is willing to finance 100% of the purchase price. We were about to finalize the contr...
Kevin Kaczmarek
What are your Real Estate Goals for 2011?
The holidays are around the corner and before we know it, it will be 2011. What are your goals for 2011? Did you accomplish your 2010 goals?
Michael H.
How many unrelated people can live in property?
Hi BP, I am in South Carolina, rock hill area. I have a question about how many people can be in a house that are unrelated. Are there any SC laws or county/city laws about only so many unrelated people can be in the ...
Neil Hicks
About to retire from job to Austin
Hello everyone in BP-Land. I'm Neil Hicks, and I'm about 18 months (and a year in Afghanistan...) away from retiring after spending a long time in the US Air Force. I plan on relocating to the Austin area after I r...
Dan Host
Spinning my wheels in Colorado Springs
Hi BP,I'm writing this post because I'm neck deep in analysis paralysis and trying to claw my way out. I've been researching REI for well over a year now. I've gotten my brokers license (just got my MLS access a coupl...
David Jensen
Please Help With My First Deal: Vacation Rental in Palm Desert
Hello BP!I've very new to BP, but have lurked and engaged a couple times over the past weeks. I was hoping for some problem solving ideas and honest opinions on my potential First deal (My Parents' out-of-state vacat...
Vijay H.
To sell or to continue
I have a rental in the same areas as my primary (that house was my primary, that I converted into a rental) , its now worth 850K and is cashflowing around 18k / year after taxes, repairs. no big repairs yet to use the...
Matt Lord
Taxes and depreciation question
I’m a newbie here. Been listening to tons of the BP podcasts and I read a bunch of books. But my mind is somewhat simple. I’m having some trouble understanding a few things. My wife works full time, I recently walked ...
Julia Amelyan
Tenants depositing rent into your account
How does it work to have tenants deposit directly into your bank account? There is a new law that they have to show ID and SSN? Most of our tenants are Hispanic and do not have ID or SSN. Is there a way to get around ...
Craig Herrman
Pooling money for down payment
Hey BP! As an extremely new investor with no experience looking to get into the game, what experiences do you have with pooling money together for a down payment. I know a couple buddies of mine want to also get start...