Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Russell Brazil
Be Careful If You Are Overleveraged
Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...
Matt Cramer
Can Rich Dad Poor Dad beat up Dave Ramsey?
To borrow or not to borrow, debt free is the way to be etc etc etc. The way I see this is a risk vs reward. How do you decide though where the risk is to great or the reward to little? How do you decide to purchase a ...
Joel G.
If you had these resources...what would you do??
My wife and I want a different life...where we are not accountable to anyone but ourselves...who doesn't right?If you click on my bio you will see our basic background and goals...short...I promise. We are not beholde...
D'Andre Byers
Soon-to-be wife not on board
I've searched around the forums looking for someone in a similar situation but it seems like not many are where I'm at.I'm 21 years old and just recently got engaged. I don't yet have any investment properties. I know...
Jon Mccarthy
Frustrated
Okay so here is my issue I ran into. I talked to a realtor last night he claims to be a local investor. Now his type of investing is not cash flow but long term so he buys and holds and then in 20 years or such he sel...
Dorys Prentice
Can I deny a Rental Applicant based on perceived lying?
I have a SFR that I just put on the rental market after two years of remodeling. The place is brand new from the studs in. I have had a myriad of unqualified people inquire. I did get a request from a person who is...
Pedro Torres
Cash vs Financing on low cost properties?
Hello everyone, I'm looking into buying my first property. Currently I have 25k in cash (with 2k added each month from my 9-5 job) and was looking to buy in the east (Milwaukee, Cleveland, or Detroit areas), because o...
Russell Brazil
Is Bigger Pockets Creating Unrealistic Expectations For Investors
One of the more complex parts of being a real estate agent is setting realistic expectations for what your client can expect from the market. There are always going to be people who have unrealistic expectations, but ...
Account Closed
Ramsey vs Kiyosaki - To borrow, or not to borrow?
I am a big Dave Ramsey fan, and I have been for years. I am debt free, except for my house and intent to stay that way. Well, at least I intended to stay that way. I recently read Rich Dad, Poor Dad. Robert Kiyosaki's...