David K.
Anyone else paying down mortgages rather than buying now?
Seems I keep getting beat on properties going for full price and more. These deals often have low returns and function solely on best case scenarios in my opinion. Anything good is snapped up quickly. At this point...
Account Closed
The mindset of the Cash Flow investor: LA vs Baltimore
So I have to put $1,500,000 in a rental somewhere. The option (for whatever reason) is either LA (appreciation) or Baltimore (cash flow).Sure, investors never can agree to disagree on which is best, but the numbers se...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Jhansi B.
tenant withholding rent saying landlord hasn't fixed the items
Here is the story short. Rented single family home in March and the tenant was late in payment in May (which I gave her grace period and first time late fee waiver) and again she was late in June but said that she pai...
Account Closed
Tax Downsides to Paying Off a Mortgage
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
Devin Haertling
Is anyone trying this type of financing
I have been on BP for a little while now and I have not come across anyone financing the way I have or maybe I just haven't recognized it.
To start I bought my current home I live in for 110k. I'm a DIYer and fixed...
Paige Harrison
STR structure and insurance
I am looking for some advice on how to best structure this STR agreement. My friend and I would like to purchase a vacation home, and it is already a successful STR so we would like to keep that up to offset the expen...
Vee Vu
Do I need a Website, and S-corp or LLC to start buying houses???
Hi everyone, I'm a newbie in real estate investment. I'm learning a few courses about flipping houses now. My goal is to get my first deal in the next 5 months. I feel overwhelmed because there are so many things need...
Nathan Gesner
What is your biggest fear as a Landlord?
Are you afraid Tenants will trash your rental?Tenant won't pay rent?The economy will turn and your rentals will sit vacant?You've over-extended yourself financially and the next problem will wipe you out?What keeps yo...
Daniel Lehman
Pay off car loan or buy first rental?
So I have a car loan with about 4 years left. The interest rate is at 24%. I have been building my credit up and I'm around 700 now but when I tried for a refi i was denied. Should I pay off my car loan first before I...