John Fedro
How many individual mobile homes can you "buy/sell" per year before getting a MH retailers license? (Find out here)
Hi friends,
I have noticed that most folks on the forum here at BP are very concerned about not breaking the Fed laws that many people under-look state licensing requirements.
Below is a list of the requirements fro...
Amber K.
Do I have to let go of my integrity to be successful?
I made the leap and invested in my first property in October of this year. My plan is to live in this home for a year, to satisfy mortgage requirements, then rent it out. I still own my previous home that I am plan...
Robert Freeborn
What will come from Texas Artic Vortex
I’m sure we’ve all seen many videos of ceilings collapsing, pipes bursting, and flooded floors coming out of Texas. Considering the uncertainty with the power grid, climate change, and likelihood or unlikelihood of t...
Tiago Martins
$20-30k cash for c-class properties. Worth the headache?
I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
Megan S.
How to be a socially responsible landlord
Hi BP community!I'm just starting out in REI. I'm looking for thoughts or feedback for me on what it means to be "socially responsible" when it comes to REI and property management. Anyone think I'm being naive? :)I p...
Ben Williams
Polling on "Due on Sale" being enforced after transfer to LLC
Taking an informal Poll here on the "due on sale clause" enforcement. Wondering what people's experiences have been when purchasing a property secured by a loan under the individual's name, then shortly after transfer...
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...
Daman Gandhi
Are you receiving rents since lockdown?
Are you receiving your rents since lockdown ? Any specific government advisories in your region?
J. Martin
Work/Life Balance & Staying Sane - Your Tips?
I own and manage 6 units with $100K in gross rents, all cash-flowing in the Bay Area, while working an "officially" full-time job. Bought the last directly through listing agent, and in contract on 2 duplexes right...
Shal Patel
Which mortgage should I pay off first? Rental or my own
I own three homes with three different mortgages. Now I feel like I start paying off one property so I won't find myself in any future financial issues. What should I pay off first. Here is the details
1 my home - $2...