Hello BP members and investors. I am an Asset Protection Attorney specifically for Real Estate Investors. I see lots of questions on this topic about how to structure your companies and protect your investments, but n...
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
Hello BP....I'm looking to purchase property in Newark, NJ...I'm from NYC so for me, this is right next door. Can anyone let me know what neighborhoods to stay away from? Thanks.
I always rekey all the doors in my rentals when I flip the units for a new tenant as I always worry about the liability of keys floating around. What is your practice ? What would be a landlords liability if a key fro...
Hello BP nation! My question for BP nation is what is your day job? Although we would love to be, most of us are not yet full time investors. As I grow older and try to figure out the direction of my career, I love ...
Seems I keep getting beat on properties going for full price and more. These deals often have low returns and function solely on best case scenarios in my opinion. Anything good is snapped up quickly. At this point...
When it comes to successful real estate investment, insight and foresight are essential components to a profitable portfolio. Insight brought me from LA to the Oregon Coast in 2018, partly fueled by a recognition that...
I have a house I rent out for 1300 a month. I owe 60K. It's worth 120K. How much should I be making annually on this income property. I feel my numbers are very low, but I am new at this so I am not sure. After taxes,...
I just left this message below in reply to a forum post recently. I thought I would share it with all here to document my path and to inspire others to follow a similar path and stay away from late night guru garbage...