Alan Lafontaine
What to do with 401k
Hi BP Universe! I'm in my mid-50's and just starting out. I have a small 401k of around $20k. At this point in my life, I see little opportunity for big growth in that plan. My question is, would it be wise to close...
Reed Rickenbach
Silicon Valley Bank - Biggest Bank Failure Since Global Financial Crisis
Looks like financial regulators have closed Silicon Valley Bank. This bank has high exposure to tech & venture capital, however I was surprised to see this headline so soon. I have seen several articles stating th...
Leroy Fellis
Need Some Strong Advice!!!! Making Moves
Good Evening BP people,I need some advice. In a nutshell mother, two brother and I have decided to create our own REI company. The partnership agreement has been drafted. We all will own 25% of the company. When we fi...
R. Elle Berry
Debating on wholesaling land vs properties in FL, any advice?
I’m fairly new to FL and want to dive into real estate. Originally I was considering wholesaling properties (prior to getting licensed) however, I’ve stumbled across land wholesaling. I’ve purchased land in Putnam and...
Leon Lee
Is Safeco a reputable insurance company for short-term rentals
Hello fellow STR investors! I own a quad that is currently being used for short-term rentals. However, the insurance policy I have with Farmers is quite expensive. Recently, I received a quote from Safeco that is only...
Sean Starkey
Creativity with financing
Hi all! So my DTI is currently too high to qualify for a conventional loan. If I go DSCR route how much do they give you towards the house ? I know it’s based on income the house makes so that could be tricky question...
Chris O.
Tenant has 14yr old from previous marriage move in
I have a 2 adult/2 kid (6/9) family living at my 3bed/2bath rental for about 18months. Rent is always paid on time, and while the family is messier than I like, they are not dirty (more laundry and toys etc everywhere...
Kyle Meyers
For Rent Open House?
I am getting close to having my new rental ready to lease and I am considering having an open house. I have some questions I have been wondering about and would love the input of more experienced landlords on.
The p...
Bryan Balk
Does anyone else think this is really F'ed up
And Obama just vetoed a bill that would make it easier for banks to foreclose. Can anyone out there tell me a story about someone that has been paying there mortgage and was accidentally foreclosed on?????? ...
Stacy Weng
Philadelphia Property Management Recommendation
Hi BP,I'm looking for recommendations for a Property Management firm that services the City of Philadelphia that has experience with problem properties. I'm from out of state and took over a problem property from a fa...