Michael Hoover
My first 18 loans on 5-year balloon. Is this bad and how should I pivot?
I have been working full-time RE, BRRRR method on single-family homes in my local area for the past 4 years. 22 homes completed- (2 sold) 20 long term rented. My interest for this Post is my lending method thus fa...
Ignatius Okeke
What is the top niche in REI?
I have been considering which area of REI to begin with: multifamily homes, mobile home parks, or short-term rentals. I would greatly appreciate your guidance and recommendations on this matter.
Best regards,
Igna...
Heather D.
Yellow letter verbiage
Hi All,
I'm starting a direct mail campaign to preforeclosures but I'm not comfortable using the standard "I want to $buy$ your house" verbiage in the yellow letter. I've done it... and would rather deal with someo...
Raeshelle C.
Taking the steps to invest in my first Multi-Family home
I've never done this before. I live in Massachusetts and am 26. I have been out of college for a year and have been working full-time for 4 months. I have been saving money. What is the least amount that I can save on...
Rod Smith
Do you really need a professional to get more website leads?
Hi All,i have a website that has been underperforming, but that is because I haven't put enough time and effort into learning more about SEO and done more to customize it. I have been in discussions with someone that ...
Teddy Kennedy
Tenants are asking for a rent rebate for renovation
Newbie investor here, apologize in advance for the long post.
I have a house rented for $2k/month for 3 years. It is a 3/2. We are currently in the third year of rent. I have not increased their rent (although I shou...
Shaun Palmer
1031 Exchange - 45 Day Rule
BP'ers
I have a very basic question on the 1031 rule as I have never completed this type of transaction.
To set the stage, I am currently growing my rental portfolio with the goal of getting 3 additional propertie...
Jack Flash
Live and Flip, northern NJ
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $265,000
Cash invested: $151,000
Sale price: $460,000
Live and flip
What made you interested in invest...
Kimberly Gillock
Home office deduction
question for those who claim the home office deduction: So I have 3 properties total under an LLC as well as my regular full time job. I have a room in my basement where I've always kept all books, a desk and have us...
Stan Hill
SDIRA vs. SD401k for an employed person
I did a search and didn't see this specific situation covered. I am hoping to find some insight on this.We currently have a SDIRA. It has worked out well. However, there are a few limitations that have led me to resea...