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I currently live in a really popular tourist area in Southern California (La Jolla) and know of many people that are having tons of success renting extra rooms, units, or their whole property through AirBnB.
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I want to start by saying: WHOLESALING IS NOT ILLEGAL. Wholesaling is buying a property at a discount and selling it to an investor or anyone who isn't the end user. I'll address a few common questions and misconcepti...
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I might have run into one of those creative financing situations like mentioned in one of the podcasts, but I'm a bit overwhelmed as to how to go about doing it. A lady I used to work with has asked me repeatedly ove...
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My husband and I were thinking of taking some money out of our ROTH IRA for the REI business. The amount we'd withdraw would be around 20% of our overall retirement funds. We are in our 40s, if that matters.Aside from...
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I am in a situation with a co-owner of a residential property just outside of Houston whereby my co-owner has decided she wants out of the arrangement. We purchased the home over 3 years ago with the intention of sta...
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At the end of a one year lease, does it make sense to offer them a lower increase if they choose to stay on month to month, and higher increase if they sign a new one year lease (since they would be "locking in" the p...
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Hey guys,I’m considering quitting my job in the next year to become a full time real estate agent. I’m currently the bread winner for my family and I’m wondering how hard it is to support a family working as a real es...
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Hello BPers,I have been learning as much as I can from BP for the last 3 months and had started reading about real estate a few months before that. At this point I feel stagnant. Over the last week I have been buildin...
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Hi Everyone, First, thanks to those who advise me to refinance our old primary to buy a new home. We just finished refinance and use it as the down payment for a brand new house, and it will be closed in couple days. ...
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So I've got a controversial topic to throw out to the BP community. On many recent posts I've seen online, I see members of the Financial Independence Community (no BiggerPockets members that I've seen thus far) talk ...