Robert Steele
One caveat about 1031 exchanges
I've sold quite a bit of real estate and never done a 1031 tax deferred exchange. Not because I didn't know about it but because the timing just never seemed right. For instance if I am selling into a rising market th...
Polo Vazquez
401k 10% Penalty waived du to Covid. Should we take it out?
I just finished talking with y broker and he has informed me that due to covid 19 the 10% penalty for taking your 401k before age 59 has been waived. My question to BP is... As investors, we are all looking to achieve...
Kumar Gaurav
Neighbor's tree fell in my backyard.
Due to an ongoing thunderstorm a significant portion of my neighbors tree fell in my backyard ruining our summer plans.Should I just pay it myself to clean up the tree?or should I follow up with the neighbor to have ...
Vinet Fils-Aime
Single family versus multi family for first time investor
Hi All,
I am relatively puzzled as a new investor whether I need to invest in single or multifamily homes. I would appreciate if someone would provide some insight to each category; like pros and cons for e...
Siraj Ahmed
Buildium vs Quickbooks for 28 unit landlord
Hello Hello BP -
A lot of you have probably resolved this dilemma so I am looking for your advice on quickbooks vs Buildium for me. I invest and manage my own rentals with investor partnerships.
I am looking for m...
Josh L.
Getting started - next steps and timeline?
Hi Everyone, I am just getting started with the idea of Real Estate as a possible investment or (future) full time business and still in the learning stages. Over the past few weeks I've been reading books, listening ...
Geron Hawkins
Newbie trying to figure his next step
Hello All,
Newbie to the world of Real Estate investing. So happy to have discovered BP. I feel like I'm in a good place to start to make some moves Just wanted to ask the community what they would do if they were i...
Nelson Carbo
Starting my 1st marketing campaign
Just wanted to share what I started and where i'm at and hope any seasoned folks out there can chime in and let me know how they feel about my 1st marketing campaign. I have hand written 250 yellow letters with the ha...
Jeremy Blackman
Bookkeeping Advice for Landlords
I just got my first rental in November and I’m trying to get my bookkeeping together as the year closes and I Only have 2 months worth of income to track. I’ve been playing with QuickBooks to figure it out which I’m m...
Frank Oudheusden
Puddles in Basement - French Drain?
Hey everyone,
I just bought my first SFH in April. When it rains I get some water in the basement. The puddles cover approx 50-60% of the floor and are normally 1/2" deep. It's walk-able with boots on.
...