Joe Grebe
Basic Budget Question
This is the most basic budget question. My wife and I use Mint.com to track our finances and we just finished sitting down and looking at our spending for the year. This gives a really good place to start for a budg...
Brandon Coleman
I’m 22 years old with around $40,000 to invest.
What steps would you take if you were in my shoes to start and build a portfolio? I’m interested in buy and hold properties, and I am just curious as to what some more experienced investors would do if they were in my...
Jacqueline Blue
Would you do a 2 year lease for you first ever rental?
My husband and I are renting out first place (yay!). We have a few people lined up to see the place. But one of the best potential tenants on paper asked if we would do a 2 year lease for a slightly reduced rent. they...
Megan Frank
Gas odor reported by tenant, who pays for the gas company check?
A week or so ago our tenant reported that the basement smelled of gas and they were worried there was a leak. We instructed them to call the emergency line for the gas company and have them come out. They did and the ...
Ben Bartels
Why is real estate a better investment?
I feel silly asking this question, but my wife and I have been struggling to compare our investment options. Obviously, BP forums/podcasts/blogs/etc. indicate that real estate is a good way to go. It sounds like a 15%...
Amanda Fox
"Dumb question" about my Direct Mail Campaign
I CANNOT FIND the answer to these basic question on BP (I'm sure I'm just not looking in the right spot - Aahh!) HERE IS MY DIRECT MAIL CAMPAIGN PLAN. 6 mailers (at least) to a targeted list of approx 500 properties...
Dave Meyer
Door count is a terrible metric. Please stop using it.
Door count is the worst (commonly discussed) metric in the real estate investing community. Why does everyone use it? Can we all decide to collectively kill it? Or are there some of you out there that stand by door co...
Daniel Lynch
Should I charge my Girlfriend rent?
So in the next few months I plan to buy my first duplex! I plan to house hack; rent out one side and live In the other. While running the numbers a thought crossed my mind about my girlfriend paying rent. Here’s the t...
Ron James
Low Appraisal for a Turnkey Property
As a new real estate investor, I decided to ease my way into SFR ownership through turnkey companies. After vetting companies, I settled on two in markets I decided to invest in (1) Memphis Invest, and (2) Memphis Inv...
Bill Gulley
HEALTH CARE LAW UPHELD
It's law, the Supreme Court held that the Affordable Care Act (Obamacare) is valied under the taxing authority.
Yes, I know healthcare is one word....
However, states can opt out with the Medicaid portion. Now what?