Mike McCarthy
Is Life Insurance a good idea?
I know this is like asking "are peas good" and will get a lot of "it depends" answers, but here's the basic question:If your death (and subsequent lack of cash flow) will significantly affect your family and loved one...
Phyllis E.
How do you determine if it pays to remodel a master bathroom?
How do you determine how much (if at all) master bathroom remodeling to do in order to make money on the investment? Flippers and remodelers typically remodel the bathrooms in their rehabs, correct? Then how come thos...
Bobby Narinov
How I got dumped by the Company that manages my property
Have you ever been ditched by your Property Management Company because the tenant they put in your property never paid a dime above their move in cost and you dared to question their tenant selection criteria?One meas...
James W.
Hi, new slumlord here. General advice request.
Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
Mindi Rosser
Best car for new real estate agent?
I'm nearing the end of real estate school and will be taking my state exam in mid-July. I've been reading @Scott Trench's book, Set for Life, and I'm bought into the concepts. The problem I'm having is... figuring out...
Stephen Collins
How do you scale your business so quick?
How do the pros acquire so many properties in such a short amount of time? I listen to the BP podcasts and the guests are always talking about growing 5-10+ units a year. I bought my first house in 2013, and am loo...
Brandon Ingegneri
How I made $100,000 in 11 days with a phone and a pen!
I am new to the site, and I am trying to get involved as many discussions as my experience allows me. I saw the, "Success Story" heading, and a deal from 2009 or 2010 popped right into my head. I had been involved i...
Justin Reid
Refinancing a car to get down payment?
I have a 2nd toy car that I have a loan on, but am equitable in. A property came up just a few houses down from my current rental and I think I can buy it right, but I don't have the cash for the down payment at the m...
Daniel Rubenstein
House with tobacco smoke smell--help!
Hi all,
My wife and I are planning on moving to Las vegas. We found a nice home in the area that we want to live in. Problem is, the previous owners were major smokers and the house reeks like smoke. The t...
Nathan Waters
Tenant hasn't put water bill in her name yet. Going on 3 months!
I bought a small 1BR 1Bath HUD home back in September. I got it rented out in March. I know; the turn around was slow, but it is what it is. Learned a lot and got what seemed to be a good tenant. She got the gas and e...