Paul Crangle
50K Renovation or New Property?
If you had the following two options, which would you choose?Option 1: Spend $50,000 on a conversion from a huge basement garage to a mother-in-law unit that would increase your rent by $500 per month on an existing ...
Eric Mcginn
Tax questions on LTR and title insurance settlement
Hello,
I’m dreading tax season because I’ve done pretty well this year. First question, is it too late to spend my money on repairs for this tax bill?Second question, do I have to pay taxes on a title insurance sett...
Josh Wright
New from NC - also first deal in the works. Feedback appreciated
First and foremost I would like to introduce myself. I have been soaking in all I can on real estate investing and am on BP daily. I am now to the point in which I am looking to purchase my first properties. I would a...
Vicky Covarrubias
What are your 2014 Goals?
Ok 2014 I have BIG goals for me and my family. As Zig Ziglar said : "you can have everything in life if you help enough people get what they want" my question to the BP investors in Los Angeles area is how can I help ...
Joshua Dorkin
US Credit Downgraded from AAA to AA+
According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.
Thoughts? Insight?
I realize this may get political, but think this is an impo...
D Higgs
REI financial business plan
Hi BP. I'm currently working on my REI business plan and was hoping some experienced investors could provide some insight. I'm completing a 3-5 year financial projection and wanted to know what factors could (or shoul...
Joe Gilroy
Best way to get away from homes that are underwater ?
My friend has 2 homes, the first is his primary residence, and has a current market value of 370k, and he owes about 360k on the mortgage.
The second home is his vacation home, that is vacant, and has a current marke...
Ethan Brackin
Laundromats and Similar Businesses as Real Estate Investments
I am a 21 year old would-be investor looking to get into the world of real estate within the next year or two. I already have a general game plan set up but am trying to explore all of my opportunities before committi...
Yen Padilla
What would you do if you are in our shoes?
Hi!I just joined bp hoping that I would get more info and help even before I start with REI.My husband and I work full time as a registered nurse in NY but we are both tired of living paycheck per paycheck.We got our ...
Richard Duong
Economic State and Impacts on Our Decision
I am curious to see when we are going top out. It feels so close...not sure on how hard I should push to get another property or wait until a dip to buy. Thoughts? How do you think Trump and the strong dollar will imp...