I've heard this concept thrown around the RE industry a few times, curious to see if anyone has actually done it? I have a lot of capital tied up in properties, has anyone used life insurance policies and self directe...
I recently listened to the Millennial Money Podcast where Chris Naugle talks about using a specific type of life insurance policy to "become your own bank" and build a foundation for wealthy building.The idea is that ...
I'm looking at a renovation project that I would live in for a couple years. The bank requires a licensed contractor to do the work but I can work under him for whatever I want to do myself. The guy I have in mind s...
Hi BP members, I have a tenant that has called me to report what he believes to be a mold issue that is causing him to be sick. Now I have checked the plumbing and found no issues and I normally am pretty dil...
Hi Guys,Brand new landlord here and was hoping the BP family could help.I had some tenants move in and signed a lease indicating no pets and making no meantion of any emotional support animal.One month after move in, ...
Economic Update(Monday, January 4, 2021)Welcome 2021! We’re so happy you’re finally here. For all of us, there is now light at the end of this tunnel. If someone would have told you what was in store of ...
Our 1st tenants will be moving in on March 1, and are moving from Texas to Colorado. They have requested that we wear masks for the walk through. All mask mandates have ended for all counties in this area. We do not w...
Hi,I’m currently a college undergraduate with an internship at a Property Management company. It seems Property Management is a great career related to investing but the salary may not be high enough.Is Property Manag...
The record number of jobs lost over the past two months should begin coming back in Q3 and be largely regained by the end of 2021, according to an analysis by CBRE.
Over the past several weeks, 33.5 million worke...
I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...