Alright BP I love business discussions and I have what I feel is a good question for you that popped in my head while listening to one of the podcast earlier that I want to get your take on. How do you pay yourselve...
I've received some PMs and e-mails asking about setting goals and what do I do in retirement. I've ressurrected an old blog from nearly a year ago that was done in 2 parts. We have SO many new members, I decided to p...
We're closing on our first STR next month (yeah!) and need to get the property set up for renters. Please tell me about some of your favorite STR furnishings/kitchen items/bedding/towels/security gadgets/etc. Put on ...
Hey BP,
So I just stated my first flip in Chandler Az! Super excited to hit the ground running. Contracts have been signed, closing is set to take place on the 20th of March. As an added bonus, the sellers sold the h...
It seems that rentals are only worth it when you can do the domino effect to get a bunch of houses and be on the line for a bunch of debt. I have a full time job, and can get a house for 50k and get about 9000 in rent...
I just downloaded Brandon Turner's spreadsheet calculator and was going down the list and saw excise tax. For those familiar with the Dallas market, what is the excise tax on the sale or property here? Is it the same ...
Trying to find the best way to utilize the assets I have, to purchase another home. Quick rundown of my position. I own 2 homes. One is a rental, appraised for $350k, has no mortgage and brings in $1600/month. The sec...
Hello BP, thought I'd finally start a diary on my project. To make a very long story short, we have finally broken ground on our 10 acres of land in Acton, CA which lays in the northern part of Los Angeles county, jus...
I recently purchased my first rental property (Duplex) for $65,000. I had to put 25% down for a 30 year mortgage so I still owe just under $49,000. I do have an investment mortgage on this property because I do not li...
Hey BP community. I live in the Tampa area. I'm brand new to REI and am just getting my feet wet with the language and techniques. Trying to learn the numbers as I go and understand how to evaluate a property. I'm...