Blake Ramsey
Considering not fully completing college to pursue Real Estate
Hey everyone, my name is Blake and I'm a mechanical engineering major at a community college in Springfield, Mo. I have been diving into real estate for a little over a year and I am now confident it is what I want to...
Arda Bircan
Short Term Rental Tax Loophole for Physicians
Investing in short-term rental (STR) properties and using the STR Tax Loophole is one of the few tax strategies that can save physicians with a fairly high W2 income 6 figures in taxes without working full-time in rea...
Andrew McGuire
I'm Buying Negative Equity Properties and I'm Excited About It
I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
Shiloh Lundahl
Building a Personal Relationship with Tenants - Good or Bad?
I hear a lot on the podcasts and have read on the forums that many property owners pretend that they are not the owners of the property when they meet a tenant or potential tenant. Instead, they lead that person to b...
Wayne B.
ROOKIE WITH $65K SEEKS ADVICE
Hello All,
I’m totally new to real estate and I would greatly appreciate some direction. I would like to know how to buy a home that I can realistically afford, ideally in Central Florida – either Volusia County (Nor...
Jay Hinrichs
Wenatchee getting the recognition it deserves best kept in US
Wenatchee best kept secret in the US.. Money magazine has it as top 25 places to retire.. Recreation paradise.apples have been replaced by vineyards and wineries.. Lake Chelan one of the 10 wonders of America.Leaven...
Account Closed
Question for former military service members. To retire and invest late or get out and invest early?
Should I retire and start my investment, or should I get out and start investing early? I'm 24 years old, married, and I've been in for 3 years and currently an E-4 in the Navy. Just like every other service member ou...
Account Closed
Regret accepting offer with owner carry in 2nd position
After listing my property (a 4-plex in San Diego) too high in a declining market, receiving no offers after a month even after a 9% price cut, I asked my broker: at what price could he guarantee an offer within a week...
Seth B.
Is my cash flow really $135.75/month?
I bought a duplex a couple of months ago. Here are the numbers:
Purchase price $85,000 (I put 25% down)
Monthly payment including taxes and insurance is $585/month
Total rent for both sides is $1,...
David Zinn
#askbp 15-yr vs 30-yr mortgage
@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...