So, as a budding house hacker I wanted to ask my friends on BP:What tools come in most handy to a novice landlord? What should I add to my list?HammerTape measurePower drillHacksawSanderScrew driversAllen wrenchesChan...
Are you afraid Tenants will trash your rental?Tenant won't pay rent?The economy will turn and your rentals will sit vacant?You've over-extended yourself financially and the next problem will wipe you out?What keeps yo...
So like most newbies on here I am looking to transition from my current occupation to real estate with my primary goal being buy and hold rentals. I have read a lot of mixed opinions about becoming a licensed agent. ...
I'm trying to continue the good discussion on the "Housing crash" thread that @Greg R. created few months ago and had the number one posts in the history of BP including a very insightful post from @James Hamling. But...
Greetings BP Fam,I have over 250k in debt (credit cards, mortgage, school loan, car loan) and I’m only bringing in about $400/month. I haven’t had W2 income in over a year and my wife is working part time. My LLC is a...
Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...
How many of you out there use a Credit card for your investing BIZ or personal life? My wife and I don't use them because of the Dave Ramsey movement, but now that we are doing well with money I might consider it? wh...
What kinds of improvements add the best value? We currently have two flips in process, and I want to make sure we don't waste capital on improvements that won't return value. I will give you the general specs for this...
I watch a lot of RE shows about flipping and solely renovating. I know that there is more behind the scenes then what is shown on TV but on these shows, they seem to be able to do a renovation for between 30-40K. Incl...
Ha! I'm NOT a stock investor. I gave it a shot, and well, let's just say I should stick to real estate!!
Bought a little ADR - "SAY" Just google it, and laugh at my misfortune. Basically, the Indian version of Enron...