John Heasley
Should I take a pay cut now to potentially earn more later?
Hello BP! Full disclaimer--I'm borrowing a friend's account as I'm discussing a job switch, and I don't want this information floating around the internet with my real name on it in the event that someone from my curr...
Atanas Petrov
Dilemma Short Term Vacation Rental Property or Long Term Rental
Hello everyone,I've been deliberating whether to purchase a vacation home, with the intention to run it as a short term rental preferably within 2-5 hours from Los Angeles where I live. I can not identify a vacation ...
Shawn Connors
Why I Failed!!!
Hey BP,Disclaimer: I made many mistakesUnfortunately this is not a success story, but I have learned a lot from this deal. This was my first potential deal that did not turn out so well. I got a house under contrac...
Andrey Y.
Basic tenant screening ... and why its likely overated
I think its pretty safe to say that most people have their own opinion on the level of screening that tenants require in their market. Most people would run a credit check and possibly a background check.
Personally,...
Rich Weese
Taxes, Taxes, taxes!!!!!
I have many posts and blogs about my extreme dislike for Income Taxes. I've been working on last years' return and I may end up paying something. That is very frustrating and I committ to work harder in the future to ...
Cole Simpson
The Future Of Short Term Rentals
It's hard to say exactly what the future will be like, but it seems likely that short-term rentals could become more popular in the years ahead. This would mean an increase in available units and lower prices for thos...
Meryl McElwain
So-anyone still paying rent?
So I'm in Chicago. Two six flats. 8/12 tenants now not paying rent. I've been talking to other landlords and it's the same story. I have two buddies with 60 units between them. They're are mostly 1 bedrooms. Rent is u...
Alicia Marks
QOTW: What conditions would make you want to leave RE investing?
Our Question of the Week is again about data. You don't need an economics degree to see that rates and values are rapidly increasing.Read our data expert @Dave Meyer's take on it here" https://www.biggerpockets.com/.....
Heidi Nikolai
Cash flow vs building equity with STR's
Hi all,I am looking for advice on STR's and cash flow. I bought my first STR two years ago and did very well my first year and a half. However, now the STR market in my area is flooded with inventory which drove down ...
Josh Gevedon
Debt or no Debt
So I feel like when my wife and I are ready to make our first investment happen that I will have this thought in the back of my head like "what am I doing? I still have debt on 2 vehicles and a mortgage." How do you ...