You want to retire, but you’ve got credit debt, auto loans, and student loans. It feels like every time you get your paycheck, it quickly slips away, and at the end of every month, you’re left in the same position, or...
Financial freedom isn’t important until your life flashes before your eyes. When everything could end, thoughts of your partner, children, and family come to mind, and most notably, what you left behind for them. Pash...
Kathlyn Lewis
Tenant late with rent - what to do
Hello!
New to the Landlording game. We recently bought a duplex in Boise, ID and inherited tenants. This is the first month we are collecting rent.
One of the tenants has informed us that she will not...
Account Closed
Corona Consequences - Landlords Are Part Of The Solution
We have all been thinking about and living the Corona Virus. I suspect that most of the BP community is in the same state of mind as me which is, doing everything I can to work it out in my head but obvious and defini...
Travis Hewlett
How to take advantage and be ready the next crash?
Hello BP,The other day I was watching my favorite show, "The Grand Tour" (a spin-off from Top Gear), which is a hilarious car show where they test many different types of cars and supercars. Jeremy Clarkson, the sarca...
Brian Gibbons
Tips from Brian Gibbons re: Creative Financing
It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...
Senthil Akasham
1031 Exchange Vs. CRT
Hello BPers,I own a rental property (single family home) in CA bay area, and I was looking into doing a 1031 exchange with a larger property as a way to upgrade income. But on second thoughts, after years of being a ...
Account Closed
PWND? Found out "low income" tenants make more than me.
I inherited tenants at a duplex I bought in February. Both units had low income racial minority families with school-aged children. (Race is relevant because I'm white, and there's a well-publicized issue in Portland...
Christopher Gravillis
Can anybody help me with structuring a potential deal?
Hello Readers
I have come across a potential deal & was wondering if anybody could help me with this please? The homeowner seems very keen to work with me & I would love to be able to offer him a solution th...
Brittaney Woods
I have Private Money, what now?
Ok, some private money found me (hallelujah) but it's only 25k.The person giving it to me suggests that I find the cheapest fixer upper I can to flip to a rehabber.....I just want to know if this is a good idea.....Or...