Jon K.
(Current) Tenants say the dumbest things, too...
So, your tenant made it through the screening process and moved in.
What kind of dumb things are they saying now?
Petty requests?
Requests to remodel?
Requests for upgraded appliances?
Whining about the internet...
Account Closed
Does your 401k send you checks every month? – My properties do...
Someone just told me that their 401k just sits there. It doesn't send them a check every month. Sure, they said, they get a growing amount (as long as the stock market doesn't crash) but when I saw their numbers, it w...
Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Tyler Kress
Disapproving Family - Starting in Rental Property Investing
Hi all,Since early March I have been learning as much as I can about rental property investing through BP articles, forums, podcasts, and local meetup groups. I have started to establish relationships with local lende...
Nathan Gesner
Tenants owe $17,000 in rent; Landlord sells for $70,000 loss
I expect to see more of these in the near future. The COVID moratorium is one of the worst actions taken in my investing history and will cause a lot of Landlords to walk away, file for bankruptcy, and more. As the ge...
Scott Trench
Tenants Who Pay a Full Year Upfront
Are bad news, according to nearly every experienced landlord I've seen chime in on these types of threads. However, it seems that many newbie investors (some with even less than my three years experience) like to chim...
Rick Baggenstoss
Is your primary house an investment?
In another thread this debate was started. Is your primary dwelling an investment?
One argument for is that you expect your primary dwelling to appreciate, therefore, it is an investment.
However, an a...
Alex Silang
Why do you want to be superwealthy?
Just an honest question.Besides being able to "retire early" and maybe do a couple international trips a year, why do you want to acquire a massive amount of wealth? I used to fall into this category. But then I switc...
Greg R.
We're being overrun by fake finance, investing, and RE gurus
Who's your favorite fake guru?
Oh my... this is not an easy question - so many to chose from. From the fake lifestyles, the rented yachts, private jets, Lamborghini's/ Ferrari's, and most of all the fake success. One...
Tony T.
NY Bill Would CANCEL Rent for 90 Days, Not Postpone.
https://reason.com/2020/03/25/...
The state of New York has a bill to CANCEL rent for 90 days for workers affected by the virus! This isn't deferring rent payment; it is waiving it.
Those landlords who have mortgage...