Jeremy Rhodes
Underwhelmed with tax breaks of owning investment property
I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
Brian Ellwood
Why Most RE “Investors” Never Create Their Desired Lifestyle
There’s a lot of misinformation in the real estate education industry.
Not about how to invest in real estate, but about the purpose of investing in real estate...
The lifestyle you can expect to receive, depending ...
Jason Graves
Helping 15 year daughter buy first house. Wife’s not a fan
Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
Ken Latchers
Landlords - What are all your practical Money savers?
I thought it would be nice to have a collecting point for day to day money/time savers for rentals. Some things I do or have seen on the forum so far:
Remove storm doors.
Advertise rentals on craigslist
Remove or lo...
Edwin Campos
First 5 actions you took to be a real estate investor?
What were the first 5 steps you took to get started on your real estate investing venture?
Huso Akaratovic
Homeowner has plumbing issues on the flip I sold...PLEASE ADVISE
Greetings all, I am in a unique situation and I am not exactly sure how to proceed with it. Here is the story. I sold a flip house approximately a little over a month ago. The house was sold FSBO with no agent on the...
Michael Guzik
MYTH BUSTERS....Is being cheap really expensive?
Hey guys I have been listening to a lot of podcasts and many of them talk about frugality and saving money or being cheap. I was always raised to believe that being cheap is expensive, sure you may save money right no...
Peter K.
Refinance- how do you make money off that?
I heard on BP Podcasts multiple times- especially from Co-host @Brandon Turner that he bought a house as soon as his daughter was born, he bought a multi-family property for a 15 year note so that when his daughter wa...
Jose Diaz
How long on average does it take to evaluate a property?
Hello to all. I am new to RE and am interested in wholesaling to begin with. I have been reading Than Merrill's new book "The wholesaling bible". In the book he stresses the need to learn to evaluate properties qui...
Keith Jourdan
BRRRR single family with before and after pics! Metro Detroit
Picked up this house in Redford Mi on a bankruptcy deal for $58k. Redford is 15 min west of Detroit. Decent area where homes sell for ARV of around 80-150k depending on size/location. Redford is in the Livonia/Westlan...