J.Michael Edwards-Toepel
401k, cash, & strategy for beginning to build a rental portfolio
Hey folks!I had some trouble figuring out where this fits, as it's more of a strategic decision I'm hoping to get some other perspectives about. I'm going to just kind of bare all of the thoughts that have been slowly...
Bob Drew
Tenants asking for a lot of items to be fixed
I am a newbie landlord with my first tenants who moved in last week.Today I get an email asking for a list of items to be fixed (from ceiling fan to water heater to hinges on the door). They are asking if they can get...
Gaurav S.
Newbie Advice to buy a multi family unit in SoCal
I got introduced to BP yesterday and tried to read as much as I can but did not find some specific details for a beginner. I guess it depends what your goals are. So here are my details
I am 30 years old married with...
Thadeous Larkin
New Colorado Springs STR Ordinance Proposal
If you've spoken with me for more than 10 minutes, you know I'm a big fan of STRs and AirBnB as both a host (SuperHost, in fact, nbd, just a celebrity here) and as a traveler. I find that STRs are a great way to ex...
James Johnson
What to do with $100,000
If you have little to no experience with rental property (just bought a book on landlording) and had $100,000 to invest only in real estate, where and how would you invest it?
1. buy as big a multi unit complex th...
Scott Trench
What's the Deal with all these Deals?
I was debating this the other day with a friend of mine - why is it that investors seem to really be focusing on finding as many deals as humanly possible? It seems like everywhere I turn folks have the strategy of "a...
John Jabson
Inflation?
This is such a basic question, but I don't quite understand the basics of it.
If my income increases by 3.5% per year (that's my current raise per year per our contract) and inflation has been between 3-5% pe...
Tyler M.
Spreadsheet for Financial Life/Real Estate, My Situation, Advice?
This is a long post, but I figured I would post my situation and a decision I am trying to make along with a spreadsheet I made to track financial independence. See link below. You should be able to copy and paste int...
David Mitchell Halls
House hack or buy out of state for higher return but higher down payment?
Hey BP,
My wife and I currently own a town home in a small college town in Idaho that we bought in 2021. We have a couple hundred thousand saved and want to invest as we have been watching all of our friends make out...
Deisy P.
An applicant asks if I discriminate against "ex ex felons"
An applicant contacted me on marketplace and asked me "So use discrimate against ex ex felons". They asked to come see the place and I said, as long as you meet the requirements we can move forward. They then proceede...