Hi BP,
I own 2 rental properties in Baltimore MD and i am first having trouble deciding on whether to place them in an LLC or not (I plan to slowly scale and house hack a new property once a year). If so, I am having...
Hey guys,What kind of application (desktop or mobile) do you use for managing your properties? I am kind of a old-fashioned guy who is using Excel to do all the calculation and book-keeping, I think it's time to try s...
What are your successes, failures, and aha moments? What are your goals for 2025?
I wanted to get your thoughts on a real estate decision I’m considering. I bought a 3/2.00 home in Tampa, FL in April 2022 for $245k at a 4.75% interest rate, I still owe $210K on the loan, my RE agent thinks it could...
I have a property (3/2) under contract at $48,500. It's a foreclosure and it requires $13K of work. Market rent is roughly $800-$825. ARV is 80K - 85K. I would be able to pull out the purchase price + rehab cost out o...
A lot of the time i feel like beginners lose focus because they're "why" for getting into REI (or lack there of) is not as strong as it could be. In my opinion, a persons "why" is the reason for going through the most...
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
Hi all,This is insane. I have rented my house out for almost 7 years and this is the first time a tenant who rented my house, leaves out of no where. Actually there is more to it though. A month back he asked me to ad...
Hello All,
I need someone who is strong in math and or spreadsheets to help me with goal setting.
Here is the situation: I want to own (free and clear) 15 properties as soon as possible.
The first one will paid...
Hello BP Friends - Not sure where to post this, and looking for feedback. We are a couple of newbies ages 50 and 54, residing in NYC, and have been advised by an experienced investor (from BP) that we're too old to be...