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Hey everyone ! I’ve posted a few times before but it seems it’s been a while and so many things have changed . Quick summary ! Young guy, owe about 2.6 million in loans in RE , also have a job that’s yields about 200-...
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Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
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I'm sure there's many people out there on the BP forums who either currently or have previously held a real estate license. I would love to hear from anyone who has worked as an agent as a 2nd job or side business. I ...
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Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
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I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...
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I have 18 rental properties Free and Clear bringing in 18K a month and worth around $1.6 million. I happily manage them myself but I want to retire in 7 years at the ripe old age of 55. How do I do this?
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I am embarrassed to confess this, but I guess transparency would be the key to my future success toward anything that may resemble a retirement plan. I will be 49 years old this year and I would suppose that it would ...
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Hello all,
If anyone could share their thoughts/experiences with evicting tenants for non payment of rent, I would be most grateful. I file for an eviction hearing which I will need to attend in 2 weeks and I am h...
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Apparently the teleprompter didn't make the facts and figures clear enough.
http://www.sfexaminer.com/politics/49982712.html
Thank god they figured out they were wrong after t...
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Hi everyone,
I recently got contacted by an investor who is interested in doing a "subject to" deal on a condo I own. The proposal sounds promising, and I wanted to reach out to see if anyone here has experience with...