Steve Chan
Why keep money in your 401K?
If your 401k provides a low rate of return and you know you can invest your money at a higher rate of return than the fees associated with withdrawing your money plus the opportunity cost of leaving your money in the ...
Jason Graves
Helping 15 year daughter buy first house. Wife’s not a fan
Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
Jason Krawitz
Door Knocking Today - Results
Hello All - I spent the day door knocking on pre-forclosures and thought I'd share my results. I knocked on 12 doors, talked to 4 owners + 1 Facebook lead. Drove about 110 miles and actually had quite a bit of fun. I ...
Jackie Lange
House Sold Without Paying Off My Lien
About 10 years ago, I sold a house with seller financing. I closed at a title company. They recorded my deed of trust (mortgage). The buyer stopped paying me. I discovered that she sold the house a few months ago b...
Brandon Schaffner
Best Recession Cities for investment
I'm 33 and looking to relocate. I was an interior designer (cabinet sales basically) in Denver, Colorado before the corona. Now I'm provided with a new opportunity. Im not going back to my old job and I can basically ...
Les Z.
looking to buy rental property in any state - 100k down, traditional financing
Hi all,I've been looking to invest in rental properties for a bit of time. I am currently located in Illinois (Chicagoland). I looked around this area, however the taxes here range from 5k-12k on typical home which ...
Jimmy Lieu
In need of advice... planning on moving to new state during covid
Hello BP community,
Earlier this year, I started my real estate journey. For the past few months, I've been accumulating as much information as possible. I've read a good amount of books, been listening to podcasts, ...
Andrew Ashby
I did it. I have 4 units, I quit my job, and I got licensed
I did it. I took the leap. With only 4 rental units (2 SFRs and 1 duplex), I quit my six-figure job in pharmaceutical sales, got my real estate license, and moved my family back to Florida. How did I get here? I'd say...
MARY CLEMENT-HILL
Should a landlord clean a filthy tenant's kitchen and bath
Hi everyone,I've got a weird question today. My husband has been working on our ancient 4plex including what started as a small handful of repairs at one of the units where a tenant's been living for about 18 years (...
Tina Chen
Where best to invest in 2018?
Hi BP veterans,
I’m a newbie on BP. I live in CA where I think it’s just tooooooo expensive to invest right now. I would like to know what cities you think have low prices and high rent so I can get the best return. ...