Jim Goebel
Kids College Savings - 529 vs Coverdale vs Roth IRA
Hi everyone, We've been thinking through the best way to save for kids college. We have two kids and have been maxing out our state's 529 plan. Quinn is a 3 year old boy and has about $18,000 in a 529 account alread...
Mark Alexander
MARKET CRASH - Thoughts?
Let me start off by saying that I am no means making an excuse to not invest in real estate. I am actually looking to make my first purchase (house-hacking) within the year. Here is what triggers me though:My full-tim...
Emily Sulliban
50% Rule- Is it Really a Rule?
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Seth M. Jones
Asset Allocation Discussion (Real Estate/Cash/Stocks & Bonds)
There are many schools of thought out there regarding asset allocation... There are hardcore Real Estate Investors that will only invest in Real Estate and hold cash reserves, and there is a substantial part of the FI...
Brian Burke
Just bought a 140 unit property. Here’s how I financed it (thanks BP!)
It’s always exciting to buy an off-market multifamily property, and even more exciting when the Houston Business Journal runs a story on it!
The property is a 140 unit class-C apartment complex in the Houston...
J. Johnson
Starting up a Business plan for Vacation rentals
Hello all, Just curious as in the first couple of steps to start focusing on when it comes to developing a business plan for vacation rentals? I know that the RE attorney is a must but other than a attorney what are s...
Brittany Scott
Filing for an eviction
Can landlord file for an eviction after taking a partial payment?
Westin Hudnall
How to determine appropriate amount of damage to charge on move outs ?
I'm looking for the most effective strategy on determine renter costs owed upon move out :On top of that I would like advice on my current move out situation :Renter put his 30 day notice in Sep 1st so we started show...
Jared Saunders
3 to 44 units in less than a years time at 22 years old.
I've recently felt very compelled to start contributing to BP more, so here is my follow up from my last post I put out 10 months ago titled "Quit my job at 21 years old to become a real estate investor". I would like...
Michael Lebeau
Forming an LLC in CT - Worth it?
Hello all! I have been back and forth on the idea of setting up an LLC for 2 rental properties (each 3 units) I currently own. I live in one of the units with my family. I've been doing some research on pros and cons ...