Diane G.
Memphis is the new Las Vegas
These days, you can't stay on BP for more than 5 minutes without seeing a thread about investing OOS in Memphis...It is absolutely becoming the new Las Vegas, in my opinion...When the music stops, and it will and it a...
Bryce Renicker
Negative Cash Flow on Low Money Down
Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...
Terry Lao
Property taxes in Cleveland, Ohio.....why so high?
Why are property taxes so high in Cleveland, Ohio, relative to the sales price? I saw a duplex listing price of about $90k with good cash flows, but my goodness.....the property taxes were $4800. This is about 5.5% of...
Matt Dabek
section 179 vehicle and tax benefits
I need to change my old SUV that I used 100% for business and I have a couple of questions that I need answer on before I will make my decision.I base my thoughts on fact that president signs $500,000 section 179 dedu...
Justin Triplett
20 Yrs old getting into real estate! Any Advise?
Hello BP Community,I am currently 20 years old, still in college studying business management but have had an interest in real estate for several years now. I have been following BP for a while and been invested in Yo...
Dan C.
Short sale collection agency issues
I am checking to see if anyone else has had this issue and if so how it was resolved, good or bad.I have had a short sale under contract to purchase for 2 years in Vegas. Last month I finally got the approval from the...
Derrick Lloyd
What state to form an LLC?
I am purchasing my first property as a buy and hold in St Louis, Missouri. I live in California. I think that transferring the property to an LLC is a very good option for asset protection, especially since I own a ...
Curtis Curley
Debt free, building a home, looking to invest afterwards
I spent the last 3.5 years paying off all of my debt except my home. I'll be selling my existing home in order to purchase a new live-in residence. After all of this is done, I would like to get into real estate inv...
Jerrud King
How do I overcome my fear?
Hello all, my name is Jerrud I am 35yrs old and I currently work full-time for a large Pharmaceutical company as an Associate in Third Party Manufacturing Quality in Saint Joseph Missouri population of 80,000 people....
Wesley Weisberg
Seeking Advice, Mold, Former Tenant Suing
What have other land lords done when former tenant sues for mold?? Have a bad situation where former tenant unjustly is suing for mold. Insurance does not cover, nor does umbrella coverage. Insurance attorney recommen...