Thuy Pham-Satrappe
Do you invest in high crime areas?
For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...
Yadira Gutierrez
I have the money, here are the options, what would you do?
Hello BP Community,As a newbie I have found that making that big first decision or taking that "leap of faith" is the most difficult part. I have no doubts that I want to become a REI. I am not scared (maybe just a l...
Joe Splitrock
Best Hack or Right Tools For the Job
I have learned that having the right tools can not only save you time, but you can do things you thought were impossible. When I say tools, I am broadly including processes, chemicals, machines, etc. What are some gam...
Bridger L Logan
Tell me why I SHOULDN'T househack a quad on my first deal
Hello y'all,I'm 24 y/o and I currently work as a project engineer in the San Diego area. The project I'm working on will last about a year. I'm going to save at least $25k during this project then go to Phoenix, AZ to...
Rob Cook
Are you Stuck in Neutral, unable to get started in RE investing?
Today, I read only two blog posts on BP, and BOTH were about the same subject. Getting Started in RE investing, essentially. I believe there are very real, and many imagined impediments to would-be, aspiring Real Est...
Peter Seely
LLC or just Good insurance
Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
...
Account Closed
landlord's will need to prepare 1099s
Under the new legislation designed to help small businesses was a small add on that is now going to require landlords to issue 1099s to any contractor performing services like repairs over $600.
http://www.allbusines...
Joe Splitrock
What Questions Are Not Being Asked That Should Be?
I read hundreds of questions in the forums every day. I see a lot of repetition in questions. People ask things like "Do I need an LLC" or "where do I advertise for tenants" or "how do you collect rent payment". We al...
Dan Dwyer
Do you need a real estate license to wholesale property in Massachusetts?
I need serious help here man! I thought I knew enough to get started in wholesaling and then today a 1/2 hour ago I just got a call back from an agent in regards to a home in Acushnet that I called about. Everything s...
Joseph Firmin
"New" NY Tenant Protection Laws - Still Worth Investing in NY?
Our property manager emailed last night stating they are having an "emergency meeting" to discuss whether they should continue business given the new regulations signed into effect by Gov. Cuomo. The new tenant prote...