Mekei Coleman
How should I take action as a beginner
I’m coming to understand taking action is crucial to not get stuck just learning. I’m 18 and only have about 100$. I was at a point where I’ve seen I should get a real estate license. As I gone though learning more I ...
Ray Jhala
Load Bearing Wall Removal
Hey everyone!
I am currently in the permitting process and the permitting department has asked me for the details about the removal of two loading bearing walls on either side of a duplex. The walls are not very lo...
Dustin Zenz
Other options outside of 20-25% down?
I have talked to 4 different lenders regarding loan options for non-owner occupied properties. None of the lenders that I have talked to can offer me a down payment less than 20-25%. I am trying to cash flow the prope...
Gustavo Orozco
Lender won't finalize a loan. Options?
I've put an offer on a home that was accepted about a month ago. After providing all paperwork the underwriters asked for I'm about 53% debt to income. This was due to the fact that they had my rental as a primary. Af...
Christopher Eddy
Evicting a violent tenant
I bought a duplex in a good neighborhood for a Fair price. The only problem is, it came with a horrible tennant in one unit!!!!! He's disturbing the neighbors at night and when I asked him to please stop, he became m...
Luis Torrico
Out of state Investor Rookie
Hello!I’m from Souther California and I would like to invest out of state. I have done some research and look up “growing cities in 2020” “best out of state investor cities” etc etc. I would like to hear where do you ...
Dave Pl
Avoiding personal guarantees on large properties
Let's say you're looking at a large property (a suburban midsize mall), in the $30M range. If you have $6M cash, what are the odds of having a bank or broker finance the remainder -without- a personal guarantee?
I s...
Jerry Kisasonak
Tenant/Buyer never moved in and stopped paying... Do I still have to evict?
Ok, here's an odd situation: I did a rent to own on a home about 3 months ago. The tenant/buyer put $2,500 up as an option fee and has been paying rent of $500 a month for the past three months. He has always called m...
Dale Lessick
How to pick a farm?
The PB guide for beginners says we should pick an area "within a short driving distance to your home, rather than investing long distance (unless your location makes it impossible)." Other investors have suggested...
Tyler Wenzel
learning the marketplace
Hey all. I was hoping to get some advice from everyone at BP. Being new and not having my finances in order quite yet to pull the trigger, I'd like to take this time to educate myself about buy and holds, which i...