Nathan Gesner
Why you SHOULD allow animals
This is probably the best study I've found on the benefits of renting to pet owners. Too many Landlords believe pets cause too many problems and result in a loss of revenue. This study found the opposite to be true. B...
Josh Rich
Setting Up Solo 401k
Today I'm working on taxes and finalizing my Solo 401k set up, yes tons of fun...not my favorite way to spend a sunny 75 degree Saturday in San Diego!
That said, I need some guidance on next steps.
Step...
Evan Evans
I have access to $500k cash, should I put $50k down on 10 SFRs?
I have access to $500k. In my area there are high demand SFRs around $550k which rent for $2900-$3200/mo.Should I put $50k down on 10 of them, pulling $500k IO mortgages on each and go for cash flow and holdand reinve...
DuBeaux Dingle
Why aren't realtors investing?
Hey BP,I'm relatively new as a real estate agent, but one of my main goals are to become a successful investor, focusing on building a portfolio of rental properties (hard to find cash-flowing properties in the Northe...
Shera Gregory
PIP Group / PIP East / PIP West
I mentioned in a separate post over a year ago that I had bought some tax liens through PIP East and was hopeful on the prospect of obtaining a property that way. My experience was an example of "be careful what you w...
Blake Ramsey
Considering not fully completing college to pursue Real Estate
Hey everyone, my name is Blake and I'm a mechanical engineering major at a community college in Springfield, Mo. I have been diving into real estate for a little over a year and I am now confident it is what I want to...
Cole Fleishour
Tenant refusing my entrance of property due to COVID
My current tenants are both medical doctors and refuse to let me inspect my property. They say I can't enter due to state and federal regulations and their professions. I think they could be using COVID as an cover to...
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 ...
Account Closed
Ramsey vs Kiyosaki - To borrow, or not to borrow?
I am a big Dave Ramsey fan, and I have been for years. I am debt free, except for my house and intent to stay that way. Well, at least I intended to stay that way. I recently read Rich Dad, Poor Dad. Robert Kiyosaki's...
Thomas Jones
The New 20% Pass-Through Deduction and You
The IRS issued more guidance on Wed, Aug 8th on the new Sec. 199A 20% pass-through deduction. But many taxpayers are wondering does this apply to real estate activities as well.The 20% deduction applies to Qualified ...