Yandry Mastromihalis
Selling home to pay off debt!
Hi BP ! My husband and I are selling our primary residence to pay off all our bad debt and get started in realestate investing. We plan to rent for a year until we save up for a downpayment or buy cash. Should we get ...
Account Closed
Should I Even Keep Contributing To My Roth IRA??
Hello All,About two years ago I opened a Roth IRA after taking a college class for Personal Money Management since my teacher encouraged diversification and the tax benefits and all that jazz. Well since then, I have ...
Account Closed
Which strategy builds massive wealth the fastest?
I have either read on the forum or heard in the podcast that you choose your strategy based on your goal(s).
I.e. Rentals create passive income and wealth in the long run vs. rehabbing which has large payoffs in a sh...
Brian H.
Going to be a brand new landlord on 12/28... would love advice!
Hey everyone,So I am about to close on my fist rentals. It's insane. I completed my first flip, it went through three potential buyers that all ended up with lending issues, and finally is just now selling a year lat...
Nicole Romano
What was your worst deal? How much did you lose?
Hi everyone, It's Friday night and I all my adrenaline is zapped. I am about to lose twenty thousand dollars b/c my mortgage contingency expired and my two private money lenders flipped the script on their terms at th...
Geremy Rosenberg
Should I back out of deal after inspection? Day 7 of 10 due diligence
Hi Everyone, I am an OOS first time investor and got a SMF built in 1920 (2 units, 1bd/1ba and 3bd/2ba) under contract at 20K below purchase price (@190K) with both units currently rented ($850 and $1200). I have had...
Logan Loughmiller
Post inspection cold feet on investment property in Portland, OR
Would greatly appreciate input as this is my first investment property and my nest eggs going into it.
Stats on the place: 2/1 with a completely detached 1/1+office, back lot ADU and detached garage. Main house is 1...
Alan K Auman
When to tell inherited tenants that their rent will be raised?
Hello all, I'm currently in the process of buying a duplex that has long term tenants on both sides. By all accounts the tenants are great tenants. Apparently they pay their rent on time every month, both times I've b...
Patrick Menefee
Small victory-first property (4plex) finally under contract!
This is just the start of my journey, both for this property and for my REI career, but I learned a lot in the long time it took me to get this property under contract. Want to share what I learned along the way in th...
Jim Truman
What's the worst that can happen? Buy and hold small condo(s).
Good evening BP. My wife and I are very carefully and cautiously considering purchasing a rental unit. We've been very diligent about saving up for retirement and now that we have a good amount of cash on hand, I'm ex...