Andrew Erickson
China Built Backyard Homes (SoCal)
Here is a strategy I've been working on. I have a business where I design products and have them mass produced in China. I ordered over $200k in wholesale orders last year, so I am very familiar with the whole China p...
Rich Chen
Sell the rental property to buy a house?
First post. We need some advice!
My wife and I have a condo in LA that has been paid off and used as rental property. We are renting in a nearby city with much better schools where our kids go to. The income from th...
Evelyn Kop
New OOS Investor looking for a Trustworthy Turnkey Company
Hi Everyone!First off I want to thank everyone on BP for being incredibly supportive! I've mostly been browsing the forums and binge watching the podcasts, but the few people that I've already reached out to have bee...
Hunter Rademacher
House Hack/Renting out per room
Newbie here starting out, that is about graduate college and is looking into buying a multi family to house hack. The certain house I am looking at has 4 beds upstairs then 2 downstairs. I would live in downstairs whi...
Nick Brubaker
Tenant threatening to take me to court over deposit. What to do?
TL;DR:
Decided it was fair to keep deposit of $770 for 5-year tenant for no cleaning, large scratches on floor and trim, hooks in walls, satellite dish installed on roof, and large stain on deck. He sent threatening...
Chris Wilkening
Dave Ramsey says RE should be 5% of portfolio
I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...
Dustin Calgaro
Cash-out or partner on my 4 unit property in Costa Rica
Hi BPers
I bought and completely remodeled a building with three side-by-side, 2 bed 1 bath apartments and one small, 2 bed 1 bath house on ~1.5 acres in Ojochal, Costa Rica. I added a pool and did some landscaping a...
Samuel Kim
Real estate professional status 750 hours doable?
Hello i am a doctor who wants to use cost segregation/bonus depreciation on my 9 rental houses, my home maker wife wants to meet the 750hr test to obtain real estate professional status and material participation. Is ...
George Gammon
Dave Ramsey Is Misleading The Public
I wanted to address this to educate people who have been mislead by the financial services industry...not just Dave Ramsey Step 7 - Build wealth and give. This is where he want's you to "invest in mutual funds," and...
Rich Weese
Is it still possible to get really RICH
http://money.msn.com/how-to-invest/what-it-takes-to-get-really-rich-mirhaydari.aspx?GT1=33014
Can one still get rich? What is the new definition of rich? Best way? Is it more difficult than ever before?
What is the...