John A.
How long do you keep file on former tenants?
Once a tenant moves out and you rent the property to a new tenant, how long do you keep your file on the former tenant? By file, I mean the former tenant's application, correspondence, payment history, and dispositio...
Katelyn Atcavage Robideaux
how to add value/invest without the capital??
I know there are so many ways to get started in investing WITHOUT the capital. What has been most successful? What has been least successful? are you partnering/ adding value in a deal before physical investing? does ...
Spencer Fuller
House Hacking, Section 121 Exclusion, & 1031 Exchange
Hello,I would like to understand how the section 121 exclusion and 1031 exchange could be applied to a 3 bedroom condo that I own. I lived in the condo as a primary residence for two and a half years, so therefore qua...
Stijn T.
Financing a vacation rental
Hello,My wife and I are looking at doing a 1031 exchange and purchase a property on the Oregon Coast. We understand that it's not very realistic to expect that a vacation rental will be the greatest investment but thi...
Tim Johnson
Keeping the druggie money
Hi BP!My wife and I purchased an 18 unit multifamily in December. The building is full of mostly great people, but there was one fellow that always smelled like pot. We talked to him about it but the odors continued...
Tar-U-Way Bright
How could I use my LLC
Hello Everyone,
I'm preparing to purchase my first investment property in the new year, which I plan to house hack. I already have an LLC that I originally set up as a business entity to facilitate managing, overseei...
Jake Thompson
My crash course in being a landlord
Hi all, just wanted to share some of my issues and mistakes with renting my first (and only) investment property in order to help others. I know most if not all of what I'm going through could have been avoided by bei...
Amy H.
How do you plan and keep track of your life?
I am a very old school person when it comes to keeping track of goals and commitments (even though I am a millennial and grew up with technology). I have tried using apps on my phone and google calendar, but I just am...
Cory Melick
Rentals, Relocation, and Taxes, oh my
Hey BP,
I have another newbie question. I own two, newer rental properties in WV. I will be relocating to Charlotte, NC by the end of 2014. I would lose money if I sold the properties and neither of them ar...
Erik Ped
best markets for new investor.
Hello, I'm interested too hear opinions on which are the best markets for new investors. I'm looking for houses around or under $100000.. I'm a US citizen but live in Canada so I'm learning about areas and markets to ...