Hi all BP friends!I have been a small RE investor for the last 5 years or so, and I finally have come by my first rough ride with a tenant who I inherited with the purchase of my last triplex in Sellersville, PA. I wo...
To the season mobile home investors, what are your legal exit strategy plans for 2014 and what methods and strategies are you eliminating from your business plan due to the new laws?
Just finished writing out our business plan. Please take a look and let me know what you think. Missing anything? Any suggestions? This plan will be sent to prospective Equity Partners within the next week, any input...
I've seen several threads on BP where whether or not caulking in the base of a toilet is a good idea has been discussed. Seems the general concensus is to NOT caulk them. I vehemently disagree!
The main reason given...
Hello BP community,I am 18 years old with about 45k, and I want to invest in a rental property ASAP. I own a lawn care business and I have a goal to have 80k by the end of the year. Prior to starting my lawn care busi...
If you had $1m...Would you rather1. LEND ITat 7% interest 1st TDs or 15% 2nd TD with equity, or whatever you have agreed with the Borroweror 2. LEVERAGE ITAnd use portions of the $1m as down payments to acquire other ...
I'm new to investing and looking into getting some rental properties. I've talked with my mortgage broker and they're willing to finance a rental property but I will need 20-25% down. My husband and I currently have o...
Hello everyone, so one of my partners has around 250k in cash & wants to invest but wants his return to be as passive as possible. He doesn’t want to deal with tenants or maintenance. What’s one way to get a good ...
I have some private money I can use from multiple people. How should I go about managing it? Do I create one checking account and have everyone transfer money in there? Would this get flagged by the FBI if there's tra...
Fundamentals: A Philosophy for Success in Life and Real Estate
Note: This article was written in collaboration with ChatGPT, an AI large language model, and reflects the philosophy and opinions of the author, Aaro...