Scott Loud
Where to park your money between loans
Hello, I just got started with PML with one of my retirement accounts. I was wondering where folks who partake in this business hold their capital when it isn't loaned out? I would assume a high yield savings might ...
Jason Dillard
Wholesale Fee Vs. Trade Through
Let's compare a simple wholesaler's deal to to the same deal as an exchangor:
ARV is 200k,
Repairs are 30k,
As is value 150k,
Purchase price is 70% of ARV minus repairs and 10k assignment fee so 100k.
Wholesaler ass...
Ken Riedel
Overseas investing
My wife is a Romanian immigrant, and her brother (still in the old country) did well in Real Estate investing in Romania before the market crash in 2008. As bad as the crash was here, it was worse there. He's been t...
Brent Murphy
Newbie from Saint Louis, Missouri
Hello everyone! My name is Brent and I'm a young newbie to the industry of real estate. I'm 20, soon to be 21 and currently live in an apartment with my girlfriend of soon to be 3 years. While I don't have a backgroun...
Tom Ladewig
New Member: Tinley Park, IL
First off love this community and glad to be a member, I have been on the site for about a month or so and have learned a ton, something new every day. A big thanks to all the knowledgeable people who contribute.A li...
Darren Sager
What makes a person a Guru?
There have been many forum posts here on BP about Gurus in this business, evaluating their performance, etc. There are a number of active members of BP that swear up and down that they're not a "Guru". So what is th...
Garth Fritel
Newbie investor in Eastern Washington
Hello everyone, I am a relatively new investor in Spokane Washington. A few years I became obsessively interested in the real estate market while searching for a new primary residence. Rather than selling our house,...
Eric Teran
What is my percentage in building new multifamily with a partner
BP,I'm an Architect. I'm good at that. I get permits fast and have nice designs. One of my clients is a developer and is good at finding properties and running the numbers (not good at that). I like that he is conserv...
Jason Merchey
Fear of Failure - How Do You Deal?
It has taken me this long to get to Ken McElroy's seminal book, The ABCs of Real Estate Investing. I'm late to the party, I think! But as they say, slow and steady wins the race!Here is a good quote, taken from pp. 14...
Jacob Fitzgerald
What to teach my kids about $$
I have 7 kids... here are some things teach and how I pray it conveys to the future1) Be a active helpful member of family - being helpful in society 2) Don’t expect handouts !! Work to better others first and in tur...