Marysol F.
Newbie from CA looking in Las Vegas
Brand new to BP and looking actively in Las Vegas for our first investment income property, buy and hold is my strategy. When we came just two months ago, bidding wars were still a thing. Now realtors are telling us t...
Mark McNutt
Is it worth overpaying for good cash flow? Need vet advice!
This could potentially be my first investment. I have been looking for multifamily properties for months now and to my knowledge and experience, nothing that fits my personal situation has come up yet but i do find my...
Yuri Shamsin
Life Insurance options
Hi all,a little off-topic but I think it is an important matter.So, the bank asks you to have Life Insurance to protect itself. It can be either your own or you can pay extra for your monthly mortgage payments.I happe...
Brian Stevens
Should I Refinance My 5 Plex
Please help! I worked really hard on my first multi family property and created a lot of equity but also was able to lock it down on a 30 year mortgage at 3.25% apr. I’m not sure if I should refi and enter the comme...
Hector Resendez
I own 2 free and clear rentals, what should I do next?
Hello BP world and happy holidays!I'm new to BP and have been listening to one youtube video on my commutes to and fro work for the past 2 months. I own 2 free and clear properties in south Texas ( one is a solid 3/2 ...
Account Closed
How do you feel about using a hard money loan for your investment?
Hello,
I have a investor who says it is ridiculous to pay 12% interest on a hard money loan. I tried to explain to them that leveraging your funds is a great way to protect yourself from further risk and that using h...
Aaron Cook
First Deal - Diary of a Newbie
Hey guys,
My name is Aaron Cook, and my wife and I are under contract for our first deal! We have experienced a range of emotions such as being terrified all the way to being extremely excited! I wanted to write out...
Tom Scott
Can I Invest in My Own Business With 401K Money?
Hello all,
As part of my Roth 401K plan I am able to use a portion of my account balance as a self directed investment account. I know I am able to invest that money directly in real estate with the caveat th...
Andrew Clark
Limiting Stove And Oven Use - Tenants using it to heat house
I have a handful of rooming houses with a very interesting clientele. Now that it is getting colder, tenants have started using the stove top and ovens to heat the house.
I've had more than one $400+ bill (with only...
Andrew Martel
Section 8
Morning BP,My question today is about section 8. I picked up the S8 Bible VI&II the other day and found it to be a rather interesting read. A local investor turned me on to it saying that he's followed the same m...