Edward Ray
Do you pay yorself a base monthly salary?
Hi BP'ers,I'm working on my first property.It is a city property that I own free and clear.I purchased it for 8K ,will put 40k in rehab(60% gutted). ARV might be about 55-60k Its a 3/3 duplex.Projected rents $625-...
Robert Darling
Newbie from West Palm Beach Florida
Good morning everyone! My name is Robert and I'm currently a Sales Manager with AutoNation. I was active duty Air Force for ~7.5 years and Reserves for 3 years. I've learned a lot through all of my experiences, but ha...
Justin Pumpr
Owner-occupied Duplex Landlord
Hi all,I'm about to close on my first ever property which is a duplex unit that I intend to live in half of and rent the other half of. What are some best practices/tips for landlords living in the same building as th...
Corey Robinson
Andrew Holmes 2-5-7 Formula
Hi Guys!I was listening to "The Rental Income Podcast" with Dan Lane and one of his guests Andrew Holmes spoke on a way to build a great foundation for your portfolio when you're starting out and how to pay it down in...
David E.
Ok! I got started but now what after 5 years in?
I currently have 2 very nice 3 bed 1300 sq ft houses that I paid full retail mortgage for of $110,000 each 5 years ago. My idea was to buy and hold the 2 properties by paying extra on principal on one and the very min...
Caroline Gerardo
Banks Required to Carry More Cash Capital Will Increase Rates
Basel III requires bank lenders to hold greater reserves. What does this mean to you as investor? Price increases. The cost to carry cash for banks to appear solvent will be passed on to you as a consumer. The interes...
Chase Romine
First 5 things to do when first learning to invest...
Could anyone list a few things I should do to start? Just very basic things that could help get me in the right direction of knowing what I need to know and who. Just some thing that I need to do to begin? Thanks!
Philip Bennett
Illegal immigrants as tenants
I have an applicant for a property in Anchorage, Alaska that is wanting to sign a lease for a family member that is an illegal immigrant. The individual wanting to sign the lease is unable to provide a completed appli...
Chris Martin
DJT on taxes: "There’s nothing to learn from them." Agree or Not?
The quote in the title is from The Associated Press in 2016. Apparently, the government will release redacted DJT taxes soon. I don't know much at this point other than what NY Times wrote about in this article THE PR...
Jennifer Stammberger
Looking into Out of State Investing-What are some of the top rental markets?
Hi! I'm a new investor. I own 3 properties. One is a STR in Joshua Tree, second is a cabin near Sequoia, and the third is a vacant lot in JT that I have listed for sale. I am interested in out of state investing (long...