My name is Steph Kemp and I am based out of Northeast Wisconsin, located near Green Bay.I've worked in Manufacturing Operations Management roles my entire career and am now slowly transitioning out of this to allow m...
Any recommendations on the most efficient way to track your time when classified as a real estate professional? My accountant wants me to start doing this in the event of an audit being I’m starting larger projects an...
I own rental properties in Mesa AZ, Las Vegas NV and Memphis TN -- all purchased with the traditional loan (typically 20% down) and they are are moving along nicely in terms of their overall returns. The properties in...
Hi Everyone,
I've been lurking for a month or two now and have been picking up a lot of knowledge from BP in addition to reading some great books.
The Millionaire Real Estate Investor
Rich Dad Poo...
I know some of you don't like political discussions but they directly apply to money, so it's relevant.
I don't care about whether or not you believe in "stimulation" economics or whatever. I don't care if you want ...
I am purchasing a 4 unit apartment building in my hometown in Wyoming. I am using Guild Mortgage, from which I heard of on one of the podcasts, and we have a branch in my town. I was going to purchase this property wi...
Hey BP Community,
I'm reaching out for some of your savvy insights as we navigate a potential market storm. My partners are feeling jittery about jumping into multi-unit properties (think 2-4 units) before a possible...
Withdrawing 401K entails a 20% tax cut and 10% penalty fee but I want to use it to being my real estate journey and exit my 8-5 in the next 2 years. Any thoughts if this is a good plan?
Hey All,
I've become interested in the idea of a self directed IRA as I'm growing increasingly put off by my Edward Jones dude trying to convince me that a 6% rate of return is awesome. I'm also looking into the pro...
Let's not be coy, we overpaid for this lot, but we knew it going in this time...which is a refreshing change for us. We bought this lot as a marginal deal thinking that if all went well we'd be lucky to make $30k and,...