Kar Sun
Tenant damage and ordinary wear and tear
My tenant signed a contact that clearly states that when he moves out the property must be in the same or better condition as at the time he moved in normal wear and tear excepted.
He mounted a TV and when the mount...
Ericka G.
Use Leverage or Stick with Cash?
If you have cash, should you use it or is it better to use leverage if you can? So far, I've almost exclusively used cash to build our small portfolio. My goal for the year was to fully replace my current after tax ...
Sherri Southwell
Becoming A Hard Money Lender
I have been considering rolling my employer-sponsored 401K into a checkbook/self directed IRA for the purpose of providing hard money loans because I am DISGUSTED by the low ROR I get now. What advice do veteran lend...
Matthew S.
Advice on my father's turnkeys in Memphis, Dallas, and Philly
Hi All,I'm a 30-year old man with two rental properties in the Washington, DC area.As of last year, I've also started helping my father, also based in DC, make real estate investments. He is 60, had about $400,000 of ...
Micheal Waldrup
$75,000 for maximum cash flow. How would you do it?
I'm currently comfortable with using $50k - $70k of my savings to invest for maximum cash flow. I have to add that caveat (cash flow) since I'm due to get out of the Navy here in 7 months. I'd love to not have to go b...
Bud Gaffney
Merry Christmas + Happy New Year! GOALS FOR 2021
Hi all, I hope everyone has a Merry Christmas and a Happy New Year! I am interested in hearing some of your goals for 2021.
Venky B.
Dangers of buying homes built in 1900
I am looking at a home built in 1900 for buy and hold. I would like to know, what are the dangers of buying a home that was built that old. The home looks in good condition. One thing I observed is that the steps of t...
John Morgan
What exactly does refinance mean in the "BRRRR" strategy?
Hello BP!! I'm currently reading "The book on rental property investing" and just finished the section speaking on the "BRRRR" strategy and how this is beneficial. I've also heard and seen other people mention this st...
Viviana Ramirez
Don´t tell me NO, tell me HOW! (help me think outside the box)
Hi BP members!I am very grateful that I have found this site; during the last six months, I have been educating myself listening to the Podscast (at least two a day), I´ve been reading your blogs, discussions, and the...
Benjamin Barredo
Why are people such flakes? Why use a mentor?
okay, I've been positive Pete for weeks upon weeks, I'm a US Marine and aggression comes natural do this was coming eventually (hope you don't mind but we all need to vent sometimes).Why in the Hell are people so unr...