I'm just about to close on my first rental property (house-hacking a duplex in a small town outside of San Diego, CA). The previous Landlord raised rents 3-5% every year on this property, so it is currently rented fo...
Hello Everyone,A few days ago, I stumbled onto the BP website and started listening to the pod casts. Since then, I've listened to 15 pod casts and can't get enough. I'm making a career change from a restaurant manage...
Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
I have only ever lived in Wisconsin so I do not have a good idea as to how it compares to other places. I know it always seems that the grass is greener in another state but I want to get some sort of consensus.
The...
Hello All,If you roll your employer sponsored 401K into a solo 401K, I'm assuming that any profit/cash flow must remain in the 401K as well, correct?Meaning, if my primary goal is to replace $dayjob income, then inves...
We have a town home in Plano at the Shops at Legacy. We are wondering what the development of Legacy West will do to our 11 year old town home in Legacy East. Legacy West is being built and we wonder : WIll it drive o...
First I set up a passive SDIRA (recommendations?)Then I fund the SDIRA by transfering money from my existing IRAThen I set up an S Corp (Object of S Corp is to flip houses and occasional buy and hold, I will be taking...
So I have been reading about ROBS, and it seems like something my wife and I might pursue in the next year or two. I know that it has to be a C corp, and is not for real estate investing. Other than that, does anyon...
In March 2015, we worked through Maverick Investor Group to purchase a property in Birmingham, Alabama. The Seller was Birmingham Income Properties - owned by Brad Lewis and Bryan Conwill. Property Management would ...
Hi BP. I’ve heard a lot of real estate investors, including Grant Cardone, say that buying a home is one of the worst financial decisions you can make. What is everyone’s thoughts in this matter?
I know that house ha...