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I've been investing for 8+ years now. Just read David Greene's BRRRR book. It really has me sold on a shift in mindset (to date I have been saving up, putting down 25% to buy properties at retail. It's been a slow pro...
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Has anyone cashed out their 401k? You would have to pay a 10% penalty plus you pay federal/state taxes. Any comments is it too risky or risky not to do it?
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The company entity issue continues to come up on this board as well as my landlord’s association. Here is a site that recommends against an LLC or corp.: http://www.johntreed.com/entity.html
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pros and cons?Suggestions?Thank you in advance
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I got into real estate investing to escape the 9 to 5 paycheck route. Now that I have enough "passive" income through single family, mulitfamily, short term rentals, a few notes, etc....I'm looking at the next step t...
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I bought an ugly house. I want to make it beautiful. I am looking for suggestions from the BP community.The house has wood siding with vertical lines (T1-11) that is a bad color. In addition, the house lacks balance. ...
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Hello Fellow BP Members,I just wanted your input on whether or not I should get my real estate license. I live in Ohio and I know some states are different than others.But instead of just asking for others input, I wa...
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My husband and I are thrilled and a bit nervous about closing next week on our first property--- 3 four plex's a mile from our home. A HUGE thanks to bigger pockets for helping us crunch numbers, network and give us c...
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I have a belligerant tenant whose lease expires June 30th. He sent me this message. in response to the lease renewal letter I sent him. "you cant legally ask me to pay 1/3 of the electric in an illegal apt. not leavi...
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I am curious as to wether you guys agree with the idea that an RE investor should only take on investments in which he/she will make their money going in. IE buying RE considerably under market value. Of course this i...