Stephen S.
Tell me how you feel about allowing pets?
I love animals. Well; unless they are trying to hurt me - then I don't like them. But in general; I have had, and enjoyed having, pets. But now I do not have pets. I don't like the smell of them, I don't like cl...
Louis W.
Dealing with Tenants who are bringing up laws.
Hi BP community,I am pretty new to running a rental property. I recently took over managing a property for family in the San Francisco. I was discussing rent and property situation with my tenants, and they got pretty...
Account Closed
Whats the most amazing inexpensive countertop on the planet?
Hello BP! :)Just closed, with a group of investors and myself, on a 50+ unit apartment building.We have to rehab the whole thing over the next 18 months and my GC and I have a small bet on the counter-tops.I believe t...
Evan Parker
BEWARE of Scamming/Misleading People
Something that I've noticed, that really frustrated me, are the snake oil salesman in real estate investing. If i can help anyone avoid being lied to by fake individuals I will. I am an investor in the Indiana area, b...
Tyler Caglia
Discovered BP, Then Bought 3 Long-Distance Props In 14 Months!
Background:
I've always had an interest in owning rental property, but due to living in CA and my inexperience I had assumed it was only accessible to those with significant cash in the bank, so I figured it was som...
Shane Pearlman
Cashflow Doesn't Build Wealth?
While cashflow is key to keep the property safely under control, I seem to find that the larger returns for our portfolio to date come from strategic growth of equity. My wife and I are still fairly small in our inves...
Tim W.
How does small positive cashflow turn into real money?
So I have been reading and reading about REI and wanting to get into it. Read ABC of Real Estate Investing and now on Cashflow Quadrant, to be followed by BP's UGB. From all the podcasts and all the reading I have don...
Brian Feltz
Got My First Property Under Contract!
This afternoon I got my first property under contract! My wholesale intentions full disclosed! A fully rented duplex with $1350/mo in rents! Now the fun part, shopping it to my buyers!
Roy Williams
Real Estate Professional - IRS Audit
Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
J Scott
War is Making You Poor Act
For those of you who are concerned about government spending being out of control, and subsequently the risk of increasing taxes, I thought you might be interested in this bill:
http://en.wikipedia.org/wiki/War_Is_Ma...