Michael Guzik
MYTH BUSTERS....Is being cheap really expensive?
Hey guys I have been listening to a lot of podcasts and many of them talk about frugality and saving money or being cheap. I was always raised to believe that being cheap is expensive, sure you may save money right no...
Brianna H.
Benefits of 401(k) over Property?
My husband's and my goal is to eventually use rental income as our retirement income. We currently have one rental home and are looking to have ~10 within the next 20 years. So the question is...what is the benefit of...
Westin Hudnall
Would you rent to a sex offender if the offense was a 17 with a 15 year old ?
Nice couple ; good work history ; no pets ; plenty of money ; but prior sex offender case 10 years ago (17 year old with a 15 year old)Possible long term tenant :Let me know your thoughts
Saqib Raja
Should I withdrawal my 401K to expand real estate portfolio
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?
Imeh Esen
Investors doing poor rehabs for a quick sale
This is really bothersome but to be expected. I just cancelled a contract on a property I was planning to purchase because as time progressed we discovered so many defects on construction. Poor craftsmanship, lazy com...
Account Closed
Can I become a millionaire as a wholesaler?
How realistic is it to met 1 million a year as a wholesaler? I was listening to a wholesaling podcast and the guy said he makes six figures a month. Sorry if this is a non-PC question lol, the reason I'm asking is ...
Joe S.
STR without TVs ???
I realize this question is going to be unheard of by some, but would you consider renting a short term rental without TVs?We have a three bedroom two bath Lakehouse, that we are considering keeping for personal use. W...
David Cherkowsky
Do I need a partnership LLC to depreciate and write off expenses on a rental property
I purchased a rental property earlier this year, and it will be my first year not taking the standard deduction. I met with a tax professional I found through BP, and in our planning call, she mentioned that if you ar...
Irwin Haddox
Rental investments: I don't see the math working out
All,I cant understand the math behind the rental investments even though I would love to get started in it. Where I am from (Delaware) a 3 bed 2 bath can rent for 850 a month. If I find an amazing deal and it costs on...
Lamar Cannon
Forming LLC / Partnership with Rehabbers
Instead of becoming an HML, I'm looking for innovative ways to lend money or finance flips and other real estate projects. After reading a couple posts on the topic, my wheels are turning. Forming a Series LLC or an...