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Results (4696)
Jonathan Twombly Do you need an LLC? Absolutely. There is No Debate About It.
5 June 2017 | 113 replies

The LLC debate rages on here at BP.   Rarely does a day pass without an investor asking whether they should use an LLC or not.  Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...

Joshua D. Help my wife and I solve this FIGHT. Should I get a W-2 job?
24 August 2018 | 155 replies

Hello all.    My wife and I are having a disagreement that we need you to weigh in on.  Here is what we are having a hard time with:We started dating in 2012, and I've always held a W-2 job of some kind. I hated the l...

Account Closed Should I file for bankruptcy?
21 December 2015 | 146 replies

A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...

Kurt Charles RE wholesaling in Florida is highly illegal?
1 July 2018 | 150 replies

Hello all. After many hours/weeks of research and communication with members on BP, I decided to go ahead and get my RE license for different reasons that will aid my personal goals in RE investing. I was considering ...

Erik W. BRRRR - How do you guys eat?
13 March 2018 | 40 replies

This question is for the folks who Buy cheap, Rehab fully, Rent, Refi, and Repeat (BRRRR strategy). I want to know how you make it work. Here's an example of what I'm talking about:Purchase price: $10,000Rehab (everyt...

Joshua Dorkin What Excuse Do You Have for NOT Investing?
13 December 2007 | 48 replies

For all of the newbies out there, I was wondering what excuses you have for not investing. I think it might be helpful to share with everyone here!

For the veterans, I'd love to hear some of the excuses you used b...

JR Rivas Avoid single family as a new investor?
4 January 2022 | 75 replies

Hey all!

I’m a relatively new investor & I was talking to some buddies and they basically told me to avoid single family like the plague because if one person leaves you’re at 100% vacancy.

What do you guys thin...

Genny Li I just had a tenant ask about changing a burnt-out light bulb...
16 September 2021 | 55 replies

Really.  Can't make this up.  I had to coach him through changing it over the phone because the closets have linear fluorescents, and he didn't know what to do.
I'm focusing on the day job now, but I had to share.  (...

Michael J Scanlon Fiduciary responsibility when wholesaling
23 January 2020 | 62 replies

I have someone who is a family friend who has had their father pass away. They want to get rid of his condo ASAP. They don’t want the trouble.I am an agent (but a newer one) and can list the place but they would also ...

Eduardo Cardena Is Note Investing (NPN) recommended for newbies w/40k to start?
29 September 2014 | 31 replies

Hello there!I just attended a local RIA club meeting where they talked about note investing – first time for me hearing about note investing. It was a really nice eye-opener for the opportunities available and other m...