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Hello there, I herd of something called infinite banking and when I looked into it, it basically has to do with life insurance. I was wondering if this is an actual good idea and legit. If anyone has used this to purc...
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What are some strategies you guys are using with your reserves?I am starting to realize that having quite a bit of money sitting idle in a checking account is pretty ignorant. This money could be working for me in ano...
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Hello BP,I inherited a tenant when I purchased my triplex. Tenant left 1 week ago and left a bunch of "stuff". Before doing anything I texted the tenant asking when he was going to be out since there was stuff left ...
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Hey everyone! I just turned 27 and have begun thinking about investing. I was peeking at a 2 unit building for $250k that would have a good return (could maybe get $3k rent/mo) Is that too ambitious for my first time?...
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I just bought my first rental property, fixed it up and posted an ad that on Craigslist/ Zillow. I have heard the horror stories about pets ruining properties so I wanted to allow small pets under 35 pounds but also r...
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Hey Guys!I came across a wholeseller that had 5 units (4 - 3/2s & 1 - 2/1) in a townhouse community in South Atlanta for $150,000 total. He said that each unit needs about $30-40K of rehab. I did some research on ...
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Hello BP community.My business partner and I are close to purchasing our first rental in New Brunswick NJ. Recently I had a conversation with an established flipper/investor who recommended not worrying about an LLC f...
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Hey investors and landlords, what do you think pro and cons, rental pet one time deposit or monthly addition to the rent for each pet? We are curious as to what people prefer and why? We are about to rent a higher end...
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I wanted to start a discussion on Airbnb cancellation policies and see what works and what doesn’t work for everyone else.Currently, I use it differently for each place based on seasonal occupancy but I am relatively ...
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Hello bp,
My tenant is court ordered to be out the 30th of this month. She doesn't owe many any money however my lease says I can take lawyer fees from her security deposit.
Her DCF worker calles me today and is putti...