Austin Green
Cashing out 401k, Is it as bad as people say?
I'm considering cashing out a modest 401k and combining that with cash to purchase a 4-plex. I have seen lots of discussions about the pros and cons of cashing out. Some people suggest solo 401k or self directed, or j...
Dennis Kronenwetter
Bought House - Undisclosed Plumbing Issues = High Water Bill
Hello BP Community,
I closed on my first rental property about a month ago. The house was sold by a flipping company. Everything was great and exciting at the beginning - and then....
After buying the washer and dry...
Jacob P.
Illegal electric install found after closing. What would you do?
I'm a couple months into owning a rental property in NY. Bigger Pockets was a huge getting it nailed down! Now I've got my first post-purchase question.The home I purchased was a gut renovation flip. To make a long st...
Brandon Taylor
david greene's argument for paying down mortgage faster
In David Greene's book "Long Distance Real Estate Investing" (which is awesome, btw) I saw an argument that I didn't understand fully, which is basically "you should overpay on your mortgages to refinance them faster ...
Aaron Cooper
How To Start A vacation rental business?
Hi, I am interested in learning how to start a vacation rental management business. I would love anyones advice on how to get started. Even the basics. Do I need a lic (I have one)? Does my company need to be in th...
Brandi Scharrer
Refund to renter for inconvenience of repairs never being fixed?
The Situation: We have been renting a full furnished home as a STR for the past 3 1/2 months. It's an expensive home and that we pay a steep monthly rent for. Since move-in we've had numerous issues with the home and ...
Ashlee Andrews
Stessa--new cash management feature
Does anyone use Stessa for collection of monthly rental income? What program do you use for rent collection? (automatic late fee generated program)
Account Closed
Need advice on dealing with contractor
Need Advice...I hired a contractor to do a basement renovation and it was supposed to have been done in 6-7 weeks. It is now week 18 and the work is still not done. He is dragging his feet and not putting in any effo...
Alex Silang
How do RE empires typically collapse?
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
Dion DePaoli
Why to invest in Notes?
I am not sure there is really a good thread here in BP which address this question. I know there are many blogs but those do not provide expanded conversations around the idea, IMO. If you are a seasoned, new or pot...