Tony C.
How to invest with $560k HELOC
I checked with my bank and I should be able to get a new $560K HELOC on my primary home. I would like to get some advice from BP about the investing strategy using the HELOC. I am in 40's and pretty busy with my curre...
Eric Bilderback
What is a Return on Equity Percentage
What do you guys think is a solid ROE number and why? I listened to the BP podcast and they were talking about this. I have had more appreciation then I would have expected which has skewed the ROE in a good way but...
Logan Turner
Note investing short vs long term lending
Following the reading of invest in debt, the author is a big proponent for borrowing long and lending short.
I’d like to gather some thoughts from other savvy paper investors on this subject. When I create a note is...
Jason Miller
Building a brand new home for vacation rental purposes
I got a deal on 2 (3 acre) lots (on lake Michigan) it is a few hundred feet from the lake, there isn't a direct line-of-sight with the lake, but the property does have deeded access to stairs that access a private bea...
Lauren Hulsman
Can you ask for financial obligations on application?
My husband and I are renting our townhouse for the first time and are really struggling picking the right tenant - we've had a lot of interest. We have it narrowed down to 3-4 people, who all seem like great fits. One...
Kaiya Sherriff
What’s the first thing you recommend to do?
Hello! My name is Kaiya I have recently garnered an interest in everything financially freedom, money & investing. However, there are so many directions to go that I am stuck on know which one would be best for me...
Scott L.
Default rate/issues on private money loans for flips
Hello, I'm just delving into acting as a private money lender for single family house rehabbers. Common terms I've been offered by the developers/borrowers range from 8-10% interest, for me to invest 85-100% of acq...
Jonathan Trimboli
$3 million cash in your hand
If you suddenly had $3 million in your possession, what would you do with it?
Benjamin Carver
BIG Changes to "Accredited Investor" Requirements
The House of Representatives passed a new law called the "Equal Opportunity for All Investors Act" with a big vote. This law is meant to change who can be considered an accredited investor in the U.S. In the past, bei...
Dave Mustaine
My first rental - should I rent to this guy?
I own a house and put an ad on Craigslist to rent a room for $675 per month, which includes all utilities. This is my first time renting and first time reading someone's credit report. This guy came to my house, fi...