Timothy W.
The Joke Thread
There needs to be a lightening up here...so I'll start it. Any political jokes will result in a beerboarding - and not with good beer, we're talking Pabst Blue Ribbon.
Got this one today from a realtor:
One Sunday,...
Ray Steele
HEAVEN OR HELL
Hey BP.This is a serious question with no time for fun and games.The Bible says JESUS CHRIST is the only way to HEAVEN.I believe it.Sooner or later we will all die and stand before GOD.If you except and admit that whe...
Mark H.
$500,000 in cash. What to do.
I have yet to purchase any rental property. I have made my money overseas from savings. I do like owning some stocks, but I now want to diversify into real estate. I have $500,000 in cash. I do not want to rush in...
Mike S.
1% rule way more work and less profit?
Seems impossible to get 1% in booming cities like NY, Boston and San Francisco... in Boston you are lucky now to get 1/2%. Maybe with development you can get 3/4% but its hard. I often think about the places that get...
Adam Meadows
Need Advice: Self-directed IRA vs. Solo 401K
Hello BP,I need some help regarding how to proceed on determining a SDIRA vs. Solo 401K. I've got about $100K in a 403B plan (equivalent of 401K for non-profit organizations) from a former employer. I am currently an ...
Greg Todrank
Anyone Ever waive inspection contingency?
I was in a multi offer situation on my most recent property. My realtor called with a suggestion that may move me ahead of the others — waive the inspection contingency.Spoiler alert: I did and have it under contrac...
Greg P.
HOA assessments not benefitting all homeowners; state of NC
Hello all - I thought I would come to this community for advice on a matter that has been a problem in a neighborhood I own two properties in for over 5 years. This is in the state of NC.Situation: I own two propertie...
Kyle Soudalan
How much does eviction law vary across cities/counties/states?
I see this question pop up a lot on BP: "how do I evict a tenant in [city, state]?" I've had to evict a few tenants from properties I've owned in different states, but I always rely on property managers to contact the...
Zachary Taylor
New to Notes.... off to the races!
Hello Fellow Notes Folks!New here and thought I would introduce myself. I am 33, worked in finance for past 10+ years in various roles including private equity, LBOs, M&A, credit, etc. However, I have not had prof...
Mike Ventura
Getting Frustrated / Losing Hope!
Hey BP,I'm seeking feedback and experience about getting started in buying a Multi Family Property. My Goal: Start off with buying a Multi-Family in New Jersey (I reside and work in NJ). I want to spend no more than $...