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Results (10000)
Account Closed 14 year old looking to build capital
30 November 2017 | 274 replies

Hi everyone, my name is Michael I'm 14 years old and I live in westchester county in New York. I want to start some sort of llc or other corporations so I can sign contracts and invest in real estate before I'm 18, wh...

Bill Plymouth What's with the animosity towards whole-salers?
10 September 2019 | 147 replies

Perhaps I'm generalizing, but I see some heavy hostility towards the idea of whole-saling in the forums.  Why do a lot of members seem to be so against wholesale?  I've seen "unethical" and "shady" thrown around a lot...

Phil Wells Will people leave cities post COVID 19?
12 July 2020 | 196 replies

An article recently published by Redfin highlights the current working from home trend. In a survey it's revealed that up to 1 in 4 newly remote workers expect to continue working from home after COVID 19 passes.

...

John Pruner Deal gone bad, need advice please
27 November 2015 | 142 replies

Hi,I came into contact with an Atlanta rehab/investor named Andy on BP in Feb or Mar of this year (2014). He had a house for sale in Altanta that needed some major rehab work (about $15k). The house was not in a great...

Cory T. Evicting renter from a vacation rental property
10 August 2023 | 308 replies

Hello All,I have a one-bedroom vacation rental condo in Palm Springs that has been listed on AirBnB for about a year now. I have my first stressful problem: a vacation renter with a 44 day reservation who will NOT lea...

Donny Hogan What is the best way to present to a private lender?
18 September 2018 | 9 replies

I have a friend that has a fair share of liquid assets and he continually makes comments that he would love to invest in my first house flip. I am now ready to move forward in this business, or close to it so how do I...

Harry Williams Can someone explain what 'points' are in a private money lend?
10 July 2018 | 5 replies

If I private lend at a 12% interest rate and 4pts up front, what do the 4pts equate to?Acquisition and refurb would be around $380-$400k total.Note: this is hypothetical.

Lana Forbes How does a private lender report their income for tax purposes?
16 November 2017 | 4 replies

Hi BP members.  As a private lender, how do you report the profit you make for tax purpose?For example, I loan 50k and after 3 months I get back 58.5k in return (50k loan, 5 points = 2500 and 12% interest = 6000).  Ho...

Brian Wheeler How much capital should you raise for a Private Equity Fund?
24 February 2018 | 7 replies

My business partner and I are starting our own Private Equity firm. My main question is when we start a fund, how should we determine how much capital we will want to raise for that fund? Is it based on the size of th...

N/A N/A Looking for a private/hard money lender in McAllen, TX area
30 April 2014 | 5 replies

Hello,

First time investor here. I'm looking at a property that I can get for about $38k that the tax assessor has valued at $64k. Very few renovations will be needed to get it into good condition. I'm hoping the ARV...