Alex Ballesteros
All my money tied up in investment accounts
I have close to 95% of the income that i have saved over the years from working my W2 job tied up in my investment accounts. ROTH IRA, Simple IRA (thru employer), and in my personal brokerage account.Obviously since t...
Account Closed
Memphis. Market Analysis. Pros and Cons
Some I have been investing for almost a year now and feel like I have learned a ton. Ingot properties in both Indianapolis and Birmingham and have now sparked an interest in Memphis. The reason I like Memphis now is...
Dean I.
Made 22k on my first flip without any of my own money
Numbers (rounded to nearest $100)1350 sf3 bed, 2 bath1 StoryNo GarageListed Price $45,000Offer/Purchase Price $50500Original Estimated Renovation Cost $17000Renovations $20,000ARV $106,000Sold $109,500Closing Costs at...
Brian Gibbons
MHI SAFE Act comment letter filed with HUD March 1st
I thought I'd pass this along to the members of BP...
MHI filed the following comment letter today regarding HUD’s proposed rule on the SAFE Act.
The deadline for comments is this Friday, March 5th. Please fell fr...
Account Closed
Activities Permitted with A Checkbook IRA
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...
Sehun Kook
Questions from very new beginner: How to start in DFW
Hi, DFW expertsI am a newbie to both Bigger Pocket and Real Estate investment and am absorbing a lot of information on BP now and learning from all experienced experts here. Really appreciate all for sharing valuable ...
Trevor Miller
Off Market 11 Building Property -First Commercial
I started my REI path looking into multi family 2-4plex homes. I’ve made a few offers but the right deal hasn’t popped up yet. I recently sold my rental property of 7 years and have $70k capital coming out. Closing ...
Eric Hathway
Ethical dilemma- super dirty unit, but the guy is disabled.Evict?
I recently acquired a building and there is one unit which is disgusting, smelly, and dirty. There have been multiple complaints of the smell by the other tenants. The smell equals that of underwear that has been worn...
Anders Jax
What is a standard waterfall structure payback(LP paid first etc)
If $1m is invested by LP and annual cash flow is $200k for 5 years and asset sells for $2m, lets say for simplicity split 8% pref and 60/40 thereafter, so LP gets $150k in theory per year on cash flows before selling ...
Naz Hossain
Zero Down, does it really exist?
I heard on a BP podcast that there was bank in Alaska (lending locally) who lends on appraised value of a property, rather than the purchase price. Do these type of banks really exist? Where they will cover 100% of co...