Melanie Stephens
Biggest Mistakes/Lessons Learned: Short-Term Rentals
Hey everyone!
My name is Melanie Stephens and I write the “Biggest Mistakes/Lessons Learned” column for BiggerPockets Wealth Magazine.
I am looking for BP Member stories for an upcoming column on Biggest Mistakes ma...
Courtney M.
$100 per door/cashflow
I have probably a dumb question, so bear with me!I've seen the $100/door evaluation criteria discussed, and cashflow also discussed. I've listened to a few podcasts where people are discussing cashflow with regards to...
Scott Trench
Should We Make Our Kids Take Finance/Business Classes?
So this is a subject that I’m very interested in and I’d love to get everyone’s opinions.What do you think about mandating Finance class for grade school children? I’m not talking about making them take it one year of...
David To
California call for class action lawsuit on Eviction Moratorium
So I owe two homes that I'm renting out, one tenant is paying just fine but the other tenant owes me two months of non-payment and are not paying since she's been unemployed. If she applies for unemployment, she'd be ...
Jim K.
Six days before leasing signing, ceiling caves in!
Picture it...Pittsburgh, Pennsylvania, home of old houses with serious problems and the people who live in them. At the end of October, the bathroom sink upstairs springs a leak. The leak flows across the tile floor a...
Justin Reyes
Would you liquidate your 401k to purchase your first property?
Hello my name is Justin Reyes and I’m 30 years old. I been working for a company for only 3 years and have about $30k vested in my 401k. I want to take it out and buy my first property to possibly hack or 1031 exchang...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...