I am interested to know what you do for Health Insurance after you left your W2 income to go full time in REI? I am wanting to plan for the future, since my goal is to be full time in 2 or 3 years. I have the option o...
Hello everyone!Very excited to take this next step in my life to become an investor and build a rental portfolio. A little about myself I'm 32 years old and in a few months will sell my home making $100-110k. I have a...
Hello All, I was hoping to find some advice from landlords who may have faced similar problems. We manage many units, mostly in the LSU area of Baton Rouge, and they are all individually owned. As such, we only accept...
Hi everyone.I have a townhouse which I prefer to rent to families. However, 2 recent university grads (both female) want to rent it together. Would you rent it to them? Some potential problems in my opinion:- 2 tenant...
Hi all, I'm in the early stages of planning a development of a lot I own in SE Portland. There is a small (<600 sf) house on the lot currently, which is in pretty rough shape. I've owned the house for few years ...
Hi guys! I have a good amount of money from my 401k from my previous employer. I didn't do anything to it once I left my job back in 2020 so its just sitting in my account. I would like to cash it out and use the fund...
I found a new accountant to help with this year's taxes and unfortunately he doesn't appear to know a whole lot about rental property taxes. I picked up our completed taxes yesterday and fortunately I know enough abo...
I have a 4-unit property in Maine that I provide heat & hot water that are currently off of the oil fired boiler. Looking at yearly summary, i spent 7k on oil last year. It is cost prohibitive to install 3 new h...
Hi BP Community,I've recently started getting serious about buying SFRs at the county courthouse auctions. I've spent hours reading a lot of the related posts here on BP which was very helpful. I've got a list of abou...
After serving 20+ years in the military, this really resonates with me. I'm reading a book called Mindset, by Carol Dweck. Yes, most of my books come from the recommendations form guests on the BP podcasts and I've n...