I realize that everyone has a different standard of living and expectations in life, but what is your FREEDOM number that would allow you to leave your W2 position? What would you want to do with your time if it coul...

There is an economic term called diminishing marginal rate of return. Meaning for every one more unit sold the benefit becomes less and less. With the rise in college tuition costs and the strong emergence of availabi...

Is anyone on BP involved with buy and hold in the NYC area ? I have a few questions

What is one thing you've added to your lease that may not be in the standard lease that has prevented a problem you had from happening again?  Not looking for the specific wording unless you'd like to share, but the "...

About 2 months ago, a 2/1 SFH in Sunnyvale sold for $2M, and made headlines in the Bay Area for a few days. https://sf.curbed.com/2018/3/2/17073100/silicon-va...2 months later, a SFH in the same neighborhood, 2x the s...

Is there a way for the tenants to pay rent at a store? A couple of my tenants don't have computers and can't pay online. I will not go to the property and physically collect rent and really don't prefer mailed checks ...

I thought I'd try Cozy.co this time around after hearing recommendations from others on Bigger Pockets. It was a big mistake. Their application process was fine and their screening reports good. It's their money handl...

I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...

Hi,

Whats the general math rule for rental properties ? How would one figure out if the numbers work ?

Thanks

We have been thinking of purchasing a property either on Palm Spring, Big Bear Lake (Moonridge), or Lake Arrowhead.
Big bear lake seems to be our #1 choice since the city is more friendly towards STR. The homes in m...