Michael Quarles
Knowing Your Numbers!?!?!?!
It is that time of year for you to run your areas numbers. IMHO you will want to know the following in order to determine a marketing plan and have a good understanding on your market conditions. I like knowing the fo...
ST King
Any Advice On First Deals?
Hello everyone!I'm about as much of a noob as you can be when it comes to real estate investing -- already though I'm contemplating the BRRRR route as an appropriate starting point in creating my portfolio. My questi...
Rodney Kuhl
SSI income doesn't meet 3x monthly rent criteria - still ok?
So I have 3 applicants (a brother and 2 sisters) who don't work but get SSI disability income. Rent for my property is $850/mo, and I am requiring 3x the monthly income, which is $2550/mo in income. Combining all 3...
Chris T.
America’s ‘Retail Apocalypse’ Is Really Just Beginning
Article from bloomberg. America’s ‘Retail Apocalypse’ Is Really Just BeginningWhere do you see an opportunity in this? and why?Amazon building more fulfillment centers in the midwest is going to speed up the demise of...
Jim Mcmillen
Monthly salary requirements
What is the general rule on the minimum salary someone should make in order to qualify for a rental? For instance my sfh rent would be $800 per month. Thank you.
Justin Denham
Income shifting to kids
I asked my CPA about shifting $6,300 to each of my kids on my tax return for the work they did in my business. He told me I would have to 1099 them. Is that correct?
Account Closed
No capital bad credit
I want to become an investor(all types). Current barriers- no cash and credit is in the 500’s. Currently in the Memphis area. Aside from hard money loans, I am at a loss where to start. Seasoned, in between, and newbi...
Ryan Spearman
Owning gold as a reserve
I’m a big fan of cash reserves. The covid outbreak has only emphasized this. The problem with cash is that if you have any form of debt it literally costs you money to hold cash. To get around this I have a big line o...
Joshua Dorkin
Getting rid of ants without harsh chemicals
Hey guys -
I've got a small ant problem and want to get rid of them without all the chemicals, sprays, etc. Does anyone have any effective techniques that work to get rid of them?
Antonio Signorelli
Are mortgage delinquency rates going to increase in 2024?
Hi BP friends!I am curious to hear your thoughts on the real estate market outlook for 2024. Specifically on whether the high interest rates will lead to an increase in mortgage delinquency rates similar to what we sa...