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Hello all,
I was so excited to join BP, I skipped the step where I introduce myself went straight to asking questions. So I'm backtracking and wanted to introduce myself. I am from the Central Valley area of ...
Yes, it’s possible to retire early, even if you’re just now diving into the FIRE movement. Early retirement could be within reach whether you’re in your twenties, thirties, forties, or fifties. Imagine having complete...
I am looking into buying a 4-plex that has existing tenants in 3 units ( I plan to owner occupy unit 4). All of the occupied units are at $600 per month, but market rent should be $800 to $850.What strategy can be use...
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Calling all members?? How do you best utilize all the resources (networking, podcasts, resources) that BP has to offer on this site to increase your net work while decreasing the time it takes you to achieve your goal...
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Hello everyone,I recently purchased SFH as a primary. My goal is to rent the whole house and get some cash flow. I won't be living in that house. What type of insurance should I purchase for my property? Home owner in...
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I'm an agent/investor in the Tampa Bay area and was recently having a spirited debate with a colleague over the use of Hard Money vs Cash. With hard money you have fewer dollars in the deal and therefore increase your...
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Hi AllI have a simple accounting questionI had to buy a $30,000 Furnace for one of my building, in March 2014I am making payments on the unit for about $2000.00 a monthDo I record the $2000.00 payments on my books as ...
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Hi all, I have a friend who is a local experienced flipper and General Contractor. He bought an old Victorian in a rapidly gentrifying part of Sacramento. He has finished the remodel and is electing to BRRRR the prop...
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Hi. I work for a small Engineering firm where we have a Simple IRA plan. The maximum tax deductible contributions for this plan are $11,500 per year. I have always tried to contribute this amount every year, because, ...
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Could anyone help explain this simple term to me? Thanks.