Ruben Parra
The great California vs Out-of-State debate
Hi BP members!This is just my second post and it feels great to have received such good feedback and support.Since I don't usually carry around $100K in cash, my southern California backyard market can seem a little i...
Mark Forest
LLC or sole prop
Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
Dan N.
Why do people use LLC for "buy & hold" rentals that have mortgages?
I am confused on this topic and I would like some input. I am going to acquire a few long-term rentals over the next few years. All properties will be acquired with a mortgage. Initially, I was sure I was going to cre...
Dustin Ruff
Let's get real about starting out
There are so many positive stories about people starting their investment careers on here and online that aren't painting a completely accurate picture.
Most people are living paycheck to paycheck. The statistics on...
Peter Vekselman
Success Rate in Real Estate...Shockingly Low
If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
Don Spafford
Has anyone ever used the Velocity Banking Strategy?
I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
Jason Malabute
MY THOUGHTS ON SILICON VALLEY BANK COLLAPSE
The following are my thoughts on the collapse of Silicon Valley Bank and any thoughts of upcoming bailouts. As an advocate for responsible financial practices, I believe that the government should not bail out banks t...
Rich Weese
home ownership, renting, double dip, good for whom?
My day started with getting ready for a trip tomorrow to Cancun. Fun, excitement and grand kids.... Then, I made the mistake of reading news reports and picking up the USA Today.
Front Page headline article "Cit...
Sandra Holt
Non payment due to medical hardship
My tenants just called asking if they could meet with me regarding payment of their rent. They have been in the property for three months and twice their checks bounced. The husband has recently had some serious medi...
Matthew Irish-Jones
Why your BRRR is going to lose money
Top ten reasons you will lose money on your first BRRRR. This list has been pulled directly from the school of hard knocksGenerally speaking and based on NY building code1. You think the cheapest house has the most m...