Hey everyone, I wanted to get some thoughts this from you guys. I usually just buy mobile / manufactured home and either fix and flip or use as buy and holds. I came across a lead today on a lady that was looking t...
My partner and I did our first deal a few years ago which went really well and we have about 1-1.5M in equity, but the problem is that the cash flow it generates is not that great - partly because cap rates are so ...
I have seen several articles claiming that the deductibility of interest for your primary residence is on the chopping block to close our budget gap.
Does anyone know what is happening with this? Who is pushing th...
Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
I sometimes have to give tenants, what I call an "attitude adjustment".Below is an email that I sent to a tenant. In her email, she talked about invoicing me for when she had to talk to the utility company. I sent t...
I’ve been planning a relocation recently avoiding states that have income taxes. Then it dawned on me that I’m paying 25K a year in property taxes here, which is CONSIDERABLY more than I would pay in income tax on my ...
Obviously, there is no correct answer. Some investors have the freedom to start when they are in college/a young adult while others decide to invest closer to retirement. With that being said, at what age did YOU begi...
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...
Hi all, I know it has been about a month since I have been on. Had some medical issues (all fixed).
I am still sitting on 4 properties and getting very discouraged. I made the classic beginner mistakes and am hop...
Our property manager hired a plumber to repair a dishwasher in one of our single family homes. This plumber had done jobs for the property manager in the past and was reasonably priced from what our property manager t...