I converted my homestead condo in Uptown Dallas to a rental property 2 years ago when I married and moved, and I am hoping some experienced - and objective - investors can advise me about whether to sell or continue t...
Hi there. So I've (we've) been a member here at BP for a couple weeks now, but I've kind of been MIA for the last week or so. I've finished reading the Ultimate Beginner's Guide to Real Estate Investing and I'll soon ...
Simple answer might be: consult CPA / get one. I'm trying to see if there's a rule of thumb of sorts.I recently rehabbed a home late last year, and spent a lot of money doing it (it exceeds my income from my normal jo...
Hey everyone! For those of you who operate Airbnb’s— I’m curious what your cancelation policy is? My very first Airbnb went live a few weeks ago (in Milwaukee) and I chose the most “strict” cancelation policy because ...
At a recent BP podcast, episode 708, they were coaching three people on the show. One of them bought several turnkey properties, and she wanted to move into different strategies, which launched some talk about the "tu...
Does anyone have strong opinions either way about purchasing turn key properties for buy and hold investment? Have you had success with them and stand by the model, or on the flip side, have you had a negative experi...
I was wondering why do I see some investors flipping 2-3 houses per year. While there are other investors flipping 15-30 per year? My take was that people flipping only a few houses a year, were investing their own m...
I have a question here. I'm wanting to know how much it would cost to re-paint old kitchen cabinets? I believe they have a clear coat on them that requires stripping down. I got a quote for $1450 but believe that is w...
I am looking to purchase my first rental very soon, and am starting to work some numbers. I was interested in what you experienced investors do to create a positive cash flow each month. Any hints or ways that you l...
There's a lot of discussion about flipping houses, but what about mobile homes? I'm just starting out in real estate, but to me it makes sense (at least for a little guy like me), because there's less money invested, ...