Nathan Gesner
Tenants owe $17,000 in rent; Landlord sells for $70,000 loss
I expect to see more of these in the near future. The COVID moratorium is one of the worst actions taken in my investing history and will cause a lot of Landlords to walk away, file for bankruptcy, and more. As the ge...
Brandon Turner
Is it unethical to say "I Buy Houses" if You are a wholesaler?
Just wondering what people think about this. I mean, technically, a wholesaler is not buying houses, they are making a contract and selling that contract. What do you think?
Mindy Jensen
"Stupid" Mistakes Every Newbie Landlord Makes
Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
Ellis Hammond
Is it better to lease or purchase my car?
This was a convo my family had around the dinner table last night as some are leasing and some are buying their car. I was wondering what the BP community thought about leasing a car. Lets make the assumption that you...
Stefanie Jensen
I want to buy a rental now, my husband wants to wait a see.
I have my real estate license, I study the market. I read all the great investing books, I listen to the bigger pockets podcast religiously. I am so ready to let our money work for us, instead of us working for our m...
Dan N.
Why do people use LLC for "buy & hold" rentals that have mortgages?
I am confused on this topic and I would like some input. I am going to acquire a few long-term rentals over the next few years. All properties will be acquired with a mortgage. Initially, I was sure I was going to cre...
Dane C Allen
Tenant is terminally ill - month 5 of 12 month lease in winter
A longstanding great tenant of mine is terminally ill and has moved out (it’s highly likely he won’t be back). He’s now living with family and receiving hospice care. He’s in very poor health and likely will not surv...
Wayne Yates
Serious question - Rent, or live in an RV?
I knew that title would grab your attention.I'm 24. I'm single and not looking for anything until I have enough passive income from real estate rentals to leave my job. No pets, literally just me.I'm a contractor. Wor...
John Williams
Downside of the 1% rule...
Here's why I don't like the 1% rule...A buy-and-hold investor should think long-term. The 1% rule doesn't matter as much if you have a 5-10 year investing horizon because it does not take into account appreciation or ...
Diane G.
I want to wait for the next buying opportunity
I am thinking I won't have to wait for more than 1-2 years... Your thoughts?Most of my coworkers, especially those in the early 30s, have bought and have a mortgage that is $10K in monthly PITI... Tough.....Any job lo...