Account Closed
$1 Million In Rentals - How Much in Reserve?
Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...
Jon Klaus
What would you do with $50K in a SD-IRA?
What would you do with $50K in a SD-IRA? Assume you wanted an annual return of >18%.
Zamir Kazi
Are Tax Deed Sales Lucrative?
Hello all,Recently I have been looking into tax deed sales, and a friend of mine told me if you win a tax deed auction, you get the title free and clear. Is this true? What is the process of doing so?They hold an auct...
Dennis M.
Disabled tenants in the hood
How many of you investors that invest in c and d areas are blown away by how many folks in the area are on disability ? I guess I always knew there was a lot of people in these are with Mental issues and that fraud w...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Luz Pagan
Helppp and about to give up on Contractors
I am currently rehabing one of the house I bought. However, I notice that the project is taking so long. The Contractor we are currently working an the only one that answered in our area has delayed so much and we are...
Bill Plymouth
Realtor asking for a higher commission
Hey everyone. I’m curious to hear your thoughts. I’m in talks with a guy selling his investment property. I would be listing it. The property will go for about 55k tops. Obviously Small price equals small commiss...
Alan Pederson
The last laugh. My 2 cents about investing.
My day job is for a paper company. I'm a salaried manager and I've been working here for 33 years. A few years ago me and my wife started buying rental property so we could retire a few years earlier than we normally ...
Herm M.
Meeting the BPO Agent....
My recent BPO from WaMu was a drive-by, they didn't check the inside of the home.
I've been told that the next one will also be a drive-by...they don't reveal when it will be done, and there's no appointment set beca...
Nicole Pettis
What are your thoughts about REI?
Is it smart? Is it high risk? Will you go bankrupt? Is staying with your 401k's and mutual funds the best way to retire?
The reason why I bring up these questions is I had a big discussion with my father in l...