Llewelyn A.
New Broker - How to do learn Brokerage Operations
@Russell Brazil@James Wise@Joel Owens@Darren Sager@jay hinrichsWell, I find myself in a bit of a dilemma.I decided to get my Broker's License and start a Brokerage Firm. I now have my NY Real Estate BROKER's License (...
Stephen Dominick
Make the wife understand
I have been a BP student for a couple of years now. I have worked OT, sold my stuff on EBay, worked extra for a landscaper. I now have 15k saved up for investment. STOP!!! She wants to fix up the house we live in, m...
Daniel Fridrij
Looking to invest in 50K houses to rent.
I am an overseas investor, looking for a good city to invest in rental properties.
I want to start with a small investment (50K+-) and I heard about Dayton, Ohio and Detroit, Michigan.
I will really appreciate opini...
William C.
How to deal with petty tenant requests...
Do any seasoned landlords out there have any advice on how they’d handle this situation? Truth is, I hear from these tenants about once a month or so, maybe less, for stuff like this. With 1 or 2 properties, stuff l...
Account Closed
401K or Not?
Hello all.....
I'm just about to buy my second multifamily property and one of the advices that my uncle gave me was to max out my 401k. Now, don't get me wrong, he owns a franchise and also has about four rental pro...
Chris Sullens
Are all costs prior to placing a tenant considered purchase cost?
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Einar Mykletun
Next Property - Appreciation ($650K) or Cash Flow ($170K)?
Hello fellow BP members!I wanted to ask for your advice regarding a decision I’m putting in front of myself: I’m trying to decide if my next investment property should be a play for appreciation or cash flowI’ll try t...
Ronald Perich
401k vs REI - Data tells the story?
The debate on the efficacy of REI investing over a 401(k) has raged for a long time on BiggerPockets. Thanks to a message from @Christopher Throop, I revisited the topic when he let me know a file I used during an ear...
Charles Cline
2% rule
I was listening to the podcast where Josh and Brandon were talking about investing rules, the 2% rule seems rather unrealistic. Is anyone actually acheiving that?
Amy Zemser
Using your home equity to purchase rental units
Hi BP friends, I'm a landlord in upstate NY looking for some advice about generating revenues to purchase another buy and hold. For the past few months, I've been reading a great deal about wholesaling (I even starte...