STR Life- Remitting Tax I got a good question for the BP fam.

Another idea that we have been exploring is using the cash value of whole life insurance funds for emergencies. 

And even then, the life cycle is generally pretty long from first contact to closing.  

But as a new investor, sometimes this advice leads you to only have cheerleaders in your life.

If I ended up getting only the gas furnace, it was going to be 10k but both the gas furnace and AC were 18+yrs old and at the end of their life cycle.

At this stage in my life, these equity plays are more impactful than holding onto a property for a couple hundred dollars of monthly cash flow.What’s your take?

Look for sponsors that have been in the real estate industry thru several economic and market cycles.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

Hey y'all! I have been in real estate full time since 2012, started investing in Sober Living homes in 2019 and we now have 62 of them across 14 different states. Forums and meetups like BP have changed the game for m...

I'm sure I could go to some midwest markets or even some more depressed markets in my region and get better pricing, but that's out of my wheelhouse at this point in my life as I have no desire to learn new markets when I'm closer to the end than the beginning. .Sure, obvious but over looked.