The new Dodd Frank rules are presenting a bottleneck for me. The headaches of purchasing a property as an investor under the new Dodd Frank rules cost my a cash flowing property (800/mo). I would like to put as lit...
My situation is as follows. My father and I are partners in this endeavor. He is 65 and retiring from the commercial construction industry after 45 years this coming February. His hands are his greatest assets. He kno...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $120,000
Cash invested: $370,000
Hi BP,
Just wanna share my recent co-living new construction project in St. Augu...
Please note, I have re posted this question here since it is a finance question.I would appreciate any advice that someone can provide on what my best rout might be for financing a flip. The issue that I have is that ...
May be a little disjointed. Pulling from communications with other people. You don't see their notes.
New Storage Facility Status update Month 4 from Opening15 June 2020, 05:17 PMWe just opened our 7th storage lo...
Hello BP.My personal house has been in forbearance since covid. In March of this year my mortgage company instructed me that forbearance would soon be ending and I had a few options.
Option 1. Pay off the entire mo...
Hello,
I am a student at Northwestern University and am conducting a quick survey for one of my classes. It would be greatly appreciated if you took a few minutes to reply to this email with brief answers to...
Hi BP Brothers & Sisters!I have a 2bd/2ba townhouse that my tenant moves out 8/15/23. I've been leasing for 5 years and thinking it time to sell. A townhome 2 houses down sold for $160k and I was shocked so I'm ...
I just got through creating a wealth building strategy for myself and now want to see if there are any problems with it.1. Save $1,000 as an emergency fund in a money market account.2. Pay off all my debts excluding m...
Let say, some disaster hit, or some reasons, you make a bad decisions, or got sued and defeated. You're wiped out and got voted of the real estate island! What would you do? What is your main focus then? What are the ...