Laura Williams
I lose $20k/year - help me w/ my strategy!
Sooo I have three houses that are all former primary residences that are now rentals. None of the homes were bought with the intention to rent them out, so the sale price and mortgages weren't optimized to be rentals....
Account Closed
I’m 17 and don’t want to go to college
I’m 17 and a junior in high school, I want to be a full time real estate investor one day (commercial real estate). When I turn 18 I wanna get my real estate license so I can raise some capitol and start from there. W...
Sydney Tiffany
Useful Real Estate Vocabulary for Beginners
I found this to be helpful in the beginning, hopefully you will aswell ...
acceleration clauseA clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. T...
David Zheng
Downturn Scares? Preparation?
So theres a ton of talk about being over leveraged, a downturn or correction is coming, etc etc. Well, I'm pretty leveraged. It was the only way to succeed without a 350k/year 9-5. brrr over and over. So correct me if...
Account Closed
Teaching my kid to fish
Im sure you heard the chinese proverb: You give a poor man a fish and you feed him for a day. You teach him to fish and you give him an occupation that will feed him for a lifetime.I have a 13 year old and an 11 year ...
Alec McGinn
Would you ever buy a property without an inspection?
I’m about to purchase a property where everything has been replaced in the last 4 yrs (roof, furnace, AC, siding, windows, kitchen, floors, plumbing, ect.) the previous owner did all the work himself since he is a car...
Andrew Millard
Asset protection...does it even matter?
My question is mostly out of curiosity. Does anyone on here have any example of you or anyone else being sued and losing the entire asset, business or worse?I hear so much about asset protection and it just gets me th...
Amit M.
Why appreciation matters in the SF/Bay Area
check out this interpretation of the case-shiller index over the last 30 years. Basically several huge, long run ups, and a few short, minor corrections. Tricky and challenging to get in, but this is how you make the ...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Eric Justice
Buying property-All Cash
It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...