Mia Trasolini
Would you buy in a "sketchy" area with positive cashflow?
Any and all opinions are much appreciated!! So here's the situation...I'm an aspiring investor looking to make my first deal, focusing on multi unit properties (mostly duplexes). ... I live in San Diego. Prices and co...
Michael Plaks
Attorney John Hyre on new "SDIRA stuffing" court case
Written by IRA attorney John Hyre:The Mazzei Roth IRA Case – An End to Magical SchemesThe Tax Court took a major step in the direction of curtailing SDIRA abuse. The case will put the kibosh to a great many “IRA Stuff...
Tony C.
How to invest with $560k HELOC
I checked with my bank and I should be able to get a new $560K HELOC on my primary home. I would like to get some advice from BP about the investing strategy using the HELOC. I am in 40's and pretty busy with my curre...
Eric Bilderback
What is a Return on Equity Percentage
What do you guys think is a solid ROE number and why? I listened to the BP podcast and they were talking about this. I have had more appreciation then I would have expected which has skewed the ROE in a good way but...
Logan Turner
Note investing short vs long term lending
Following the reading of invest in debt, the author is a big proponent for borrowing long and lending short.
I’d like to gather some thoughts from other savvy paper investors on this subject. When I create a note is...
Jason Miller
Building a brand new home for vacation rental purposes
I got a deal on 2 (3 acre) lots (on lake Michigan) it is a few hundred feet from the lake, there isn't a direct line-of-sight with the lake, but the property does have deeded access to stairs that access a private bea...
Lauren Hulsman
Can you ask for financial obligations on application?
My husband and I are renting our townhouse for the first time and are really struggling picking the right tenant - we've had a lot of interest. We have it narrowed down to 3-4 people, who all seem like great fits. One...
Kaiya Sherriff
What’s the first thing you recommend to do?
Hello! My name is Kaiya I have recently garnered an interest in everything financially freedom, money & investing. However, there are so many directions to go that I am stuck on know which one would be best for me...
Scott L.
Default rate/issues on private money loans for flips
Hello, I'm just delving into acting as a private money lender for single family house rehabbers. Common terms I've been offered by the developers/borrowers range from 8-10% interest, for me to invest 85-100% of acq...
Jonathan Trimboli
$3 million cash in your hand
If you suddenly had $3 million in your possession, what would you do with it?