Elizabeth Sky
Bankruptcy or not?
Hi there-I am in debt to credit cards. I have a low-paying job and at this point, no retirement. I am in my mid-50's, so I am a late bloomer to investing. I thought that claiming Chapter 7 would be a good idea, in ord...
Lloyd Segal
Economic Update (Monday, June 7, 2021)
Economic Update
(Monday, June 7, 2021)
Is Los Angeles a City-State? I ask this question because no one seems to know what Los Angeles is, exactly: city of angels, revenge city, or something else. In 1925, Aldous Hu...
Lucas Gonzalez
Thoughts on turnkey investments
Hey all,I am interested in passively investing in real estate via turnkey properties and wanted to get the BP community’s thoughts and recommendations on what turnkey provider to use and what market is best for both a...
Jessica DiPonziano
Turnkey and Cashflow Questions
The more I look into turnkey, knowing a lot of research needs to be done upfront. Cashflow is a priority of mine to gain capital to then put that into other investment strategies.
Is turnkey a good investment strateg...
Traci Pickett
Lease Option Wholesaling - Sellers Asking Price is High
I have a potential lease option wholesale deal in the works. This would be my first deal. I have a question about the sales price that the seller is asking for. The seller wants $100K for the property, but the comps d...
Account Closed
Best Cash Flow
Hello BP! I have a client that owns a rental home here in San Diego since the 70's she is ready to do a 1031 exchange and will have 400k after sell. She is retirement age and doesn't want to deal with property man...
Account Closed
landlord's will need to prepare 1099s
Under the new legislation designed to help small businesses was a small add on that is now going to require landlords to issue 1099s to any contractor performing services like repairs over $600.
http://www.allbusines...
Account Closed
Hostile Tenants - Need Advice!
Hello BP Community!
I have a rather bizarre situation and was hoping for some insight. I have a duplex (two units, one address) and rented out one unit to tenants and was keeping the other unit for myself. The tenant...
Nat C.
Disaster tiling job
I hired two professional tilers to tile one of my properties.Their quote was $500 more than another estimate I received but I felt like they were professionals who I could trust to do a good job.Indeed they have been ...
Douglas B.
Any tips for low income/section 8 rentals?
I'm ready to buy my first duplex. In our market I can buy a habitable duplex in a low income urban market for 30k. Rents are aprox $500/unit but will likely be low income urban or section 8 tenants. The ROI opportu...