Sabrina Brown
Difficulty selling rental properties at loan amount
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
Joseph Lucas Jr
Series LLC.. Can I move it?
Good morning BP nation,I have just become aware of the Series LLC, which appears to afford much better asset protection than a standard LLC due to the ability to essentially nest entities within each other. Based off ...
Mario Campbell
Pace Morby Mentorship
Laid off from 14 years at a job, working 100% commission and earning the most I've made ever in only 6 months last year (2022, over $200k). It was a J O B. Not much fun, but I was great at connecting with others, bein...
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 ...
Kai Sato-Franks
Dave Ramsey recommends buying everything with cash!
Hello, What have you done what do you prefer? What are the pros and cons of both? Have you guys bought real estate (multifamily or single family) in cash and rented them until you saved up for your next investment to...
Will Spruill
Cleveland OH investing?
I'd like to hear from anyone investing or invested in the Cleveland rental market. I'm looking into purchasing a duplex or two in the Cleveland area for long term rentals.
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Sarah Young
Would you renew a lease on a disrespectful tenant?
She has been there a year and a half and on multiple occasions has been demanding and rude to me. She’s also a former lawyer for the FBI. She is very demanding, and kind of high-maintenance. But she always pays her re...
Tyler Erickson
Millennials aren't buying homes - good or bad?
As many of us are aware, millennials are more apt to renting rather than buying real estate. They (we?) are replacing baby boomers at a rapid rate, and are right behind Generation Z... Of course, Generation Z still ha...