Alex Silang
"Biggest mistake" was to do out-of-state turnkey investing
So I'm in the process of looking at turnkey investing. I even made a post about it on BP but it didn't get many responses. A blogger I follow is "FIfighter". He's pretty reputable in the financial independence blogosp...
Mathew Fuller
Where do you park your rental income?
Hello BP,
I have a few questions:
First
I recently acquired my first tenant in a house a hack. Today I opened up a new checking account with my bank, and I either need to have direct deposit setup with a minimum ...
Account Closed
Real Estate vs Stock Market - Are we wasting our time here?
Which is better and why? Grabbing some popcorn fo this thread. https://www.longtermtrends.net...
Bill W
Getting frustrated
Have been writing multiple offers on mostly reo properties and still have not gotten one accepted. I am not even trying to hit a homerun, but they must pass the realistic 70% rule. I am paying cash but that doesn't se...
Tim Holt
House Hacking in Rhode Island
Hello! I am a new investor looking to purchase my first property in the Rhode Island/Bristol County, MA area. I have built up enough savings to purchase a multifamily property with an FHA (3.5% down) loan or Fannie ma...
Jeshua J Snyder
Any help for a newbie wanting to start off a real estate adventure.
Hey all, My name is Jeshua, to get right down to it I am a 19 year old about to turn 20, ever since I was about 13-14 and I learned of the concept of rent and landlords I had wanted to be a landlord cause it sounded c...
Caleb Teachout
Stocks vs. Real Estate
Excerpt from a post I made on the stock investing forum "The Motley Fool." The audience is stock investors who are equally passionate and successful in stocks as the BP community is in REI. Many of them think going al...
Kyle Kierpaul
First timer looking for input on possible first deal??
Hello everyone, First time post here, I have been interested in making the jump to purchase my first rental property now for awhile. Its a scary choice but I think if I start off with something on the lower price sca...
Brian Miller
Please help. In a dilemma
I am fully committed to becoming a REI, and am itching to get a deal under my belt. A divorce destroyed my credit a few years back and I finally got it back to a 600, but it still is not enough for a bank loan. I also...
Blake Smith
Double Taxation on Down Payment - Avoidance Strategies?
My wife and I are in the process of closing on a third property we use for short-term rentals. We're in a vacation area, typical high prices / high nightly rates scenario. Our original two rentals are filed on a sch...