Kent McDaniel
I own my home outright...asset or liability?
I have been reading “Rich Dad Poor Dad” for the first time and I have to say...mind blown. I always saw my dad as very financially responsible, coming from a very poor upbringing and making a comfortable life for our ...
Brad Larsen
What To Do When Landlords Refuse to Lower Their Asking Price
Hello All - here is a good topic for discussion. In our business as a property management company, we have decided to take a hard look at a new policy of what to do with Landlords who refuse to lower the rental askin...
John Fulton
Own or Rent Paradox: Your home is not an investment
There is a lot of commentary surrounding the topic of whether to rent or buy (Regarding personal residences). A roof over your head is an expenditure. The rent-or-own paradox is about losing the least amount of money ...
Lillian Burke
Housing for Poor People
Recently, I read "Nomadland" about people who are poor or living on minimal social security and trying to get by. Some of my relatives have problems paying for housing and they don't understand how to navigate the sys...
AnnMarie Bacchus
Are CPA’s necessary before starting out? If not, at what point is a CPA necessary?
I am a newbie RE investor (currently getting approved for a HELOC to fund my first purchase). I read several post that some people recommend having a CPA before out while other say you can wait until you have a few pr...
James Carlson
Are STRs as we know them dead in Colorado (and other places)?
A bit of a rant here ... I've been in these forums for seven years and have followed the Airbnb laws in Colorado the entire time. I've always been able to find my STR clients investments that are legal and whose numbe...
Paul Moorer
New to wholesale real estate in what direction should I start??
Hello wholesale world!! Sorry if that’s corny but I’m new to wholesale and I’m absolutely obsessed! I want to know the ins and outs if any pros want to spread some knowledge. I’ve been doing my homework learning what ...
Tom Donnelly
Just closed on my 23rd Door and I haven't seen 1 property!
Last week I closed on my 23rd door and I got started investing in real estate less than two years ago. I want to share this success story to give others some encouragement, especially if you're investing long distanc...
Account Closed
Young & ambitious newbie getting into RE!
Hello BP folks! My name is Marlon Alonzo Thomas Jr. I live in the Hampton Roads area of Virginia, specifically in Williamsburg. I am 19 years of age, and I have been interested with the idea of finding a mentor and in...
Chris V.
Deal Analyses - Estimating Costs
Deal Analyses – Estimating CostsA while ago I wrote a series of posts ranting about the current state of the residential income property market in Stockton, CA. In each post I highlighted a current listing and argued ...