Melanie Hartmann
Quit My Job and Plan to Wholesale
Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...
Frank Patalano
So what's holding you back?
When I help new investors with buying their first property I often want to know what is holding them back from pulling the trigger.So I'll ask here. What is holding you back?
Jennifer Cramer
First Post: Overwhelmed and can't figure out where to invest
I'm a new member and this is my first post so please go easy on me! I'm interested in investing in my first LTR or MTR. I have a full-time job in NYC and travel excessively for work so I will need a property manager...
Bill Gulley
Sandy Hook
I'm a gun owner and I own "that" rifle and "those" magazines, but the Sandy Hook incident has changed my mind. It's not just guns, but guns are part of the picture and such needs to be addressed. I had teachers that h...
Wai Fung
Infinite Banking Concept, Cash Flow Banking, or Bank on Yourself
Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Philip Hy
Are buy and hold's really making money? Big picture question
I'm wondering if we're really making money. Not a rhetorical question, but would like genuine feedback. Here's the scenario. I want to live off of cash flow so I buy a lot of SFR. I then currently make about 550 cash ...
Brandon Sturgill
Petition for BP to Discontinue Wholesaling Discussions...
Given wholesaling is not a form of investing in real estate...perhaps licensee's and true investors should start thinking about a push to do away with related discussions...
Billie Joe
K-1 Tax form: Limited or General Partner for LLC Partnership
It is my understanding, that when you have an LLC limited partnership, at least one of the partners are General. We have 2 partners, and the type of business is rental. One partner is Limited and the other is General-...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...