Clayton Pearce
Is it a good time to sell a Rental for Cash or Hold?
About two years ago I decided I wanted to start investing in Real Estate with the hopes of acquiring several rental properties. I bought a house, lived in it for two years, moved out and started renting it. As you kno...
Brian Liddy
Ready to start the Journey!
Hey everyone out there in BPland! I’m Brian Liddy. Currently I am in Eugene Oregon but that may change soon ...
I’m an anesthesiologist in a large multi site group contracted with a medium size community hospital. Sh...
Haider Abdullah
Flipping in Dallas - thoughts and stories
I started flipping in Dallas earlier this year. To date, have completed 1, have 1 in escrow, and close on 4 purchases this week. Most are being bought in wholesale, some conventionally financed too. Wanted to hear exp...
Account Closed
Money Moving to the Midwest!
There is no doubt in anybody's mind that 2020 has been one heck of a year so far. I'll be the first to admit I don't think it is done messing with us just yet. Through everything that has been happening, lock-downs, e...
Katie Koehler
Is the cap rate really a reliable estimate of risk?
I'm new to the REI world and still learning the basics. Something I'm trying to wrap my head around is whether the cap rate is actually a reliable indicator of the risk of an investment. My understanding is that the m...
John-Patrick D. Bailey
I don't understand the difference between a rental and a BRRRR
I'm watching an archived webinar (How a Newbie Can Start Building Wealth Through Real Estate) and Brandon is referring to rentals, separate from BRRRR. I always thought they were the same, can someone please enlighten...
Matt Liu
Recourse loan when poor to begin with
I am thinking about a big commercial purchase, however the loan will almost certainly be RECOURSE. My question is does it even really matter if I don't have very much in assets anyway? What I do have is in multimem...
Ravi Veer
Self-directed IRA/401k - conflict of interest triggers "prohibited transaction"?
Hi,
I am planning to start an LLC to purchase a real estate. My friend's IRA (IRA-A), my IRA (IRA-B), my friend (A), and me (B) are planning to invest. I have been reading up on IRA-LLCs and have a couple of questi...
Account Closed
Usury
Assume the usury limit in my state is 10% and that I do not have a license that exempts me from that law. If I loan a rehabber $100k in exchange for a split of the profits when (s)he sells, would a payoff of $120k ($...
David Robertson
Worth making an offer on a Hud home well below asking?
I found a HUD home listed at $88k that has been on the market for 90 days...it's first price drop was from $100k which is the 'As-is' value...it also had a pending contract that fell through in the last week...
Compa...