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Hey guys, very long time reader here, but first time poster. I wanted to see if other experienced investors could help me on how to deal with the stress, anxiety and sometimes the fear of managing a larger portfolio o...
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Hey BP!
My wife and I want to become real estate investors ( buy and hold ) I like the idea of low income and feel comfortable about what problems could potentially come from going that route .... My wife is on board...
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Hi -I have an upper end condo in Los Angeles that rents towards the top of the market. I'm always concerned about raising the rent as the transaction costs in time & money are severe to lose the tenants - since i...
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I am seeking to become a real estate investor through purchasing rental properties but I have not done that yet. I do have a 40-hour week job doing something different and I plan on leaving my job to focus on real es...
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Howdy! Super new here y'all but I'm thinking of buying a fix and flip and (or) also a place to rent.My concerns are with covid people didn't have to pay rent but landlords still had to pay mortgage. If that were to h...
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This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
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This might be just the pandemic affect but I'm concerned that there might not be enough renters at the $3000/month price point on St. Croix. We need at least $2500 to cover costs. So we are seeking a $500/month cash f...
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I made a post on market place that I thought when I woke up today I would be inundated with Reponses.. and I can only ascertain there must be some fear or some type of lingering doubt in those that say hey want to get...
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I'm new to BP Pro in last month, though a largely inactive member over three years. I've really wanted to do REI since about 2003. As a substitute I got licensed and have been an agent since 2003, listing for 5 years,...
Hi all,Only recently discovered this whole word so excuse the ignorance. Curious for assistance here. In my personal life we avoid debt at all costs and have a paid off primary residence, don’t use CC’s etc. Relativel...