Dylan Keyer
Newbie from Albany, NY
A big hello to the BP community. I have been lurking for quite some time now and I recently (as in, 5 minutes ago) decided that I should make an account. I mean it's free, so why not?
The community here is qu...
Josh Taylor
Opinion: Cash out or HELOC
About a year ago my wife and I decided that we were tired of working all the time and want to move more toward financial freedom. We were 115k in debt and not saving alot of money. We also were having our 2nd child an...
David Davis
New and looking for thoughts
Hi all. I am interested and ready to make my first investment. I am debating if I want to do a house hack (I am in Chicago, which is expensive and high taxes) or do I invest out of town? I have no experience, this ...
Matt Hubbard
Business to finance the purchase of a building. Am I crazy?
A bit of history: My wife and I purchased a failing furniture store from a retiring couple 3 years ago. Year 1: lost $80k took no salaryYear 2: lost $30k took $5k salaryYear 3: Break even took $80k salary... and that'...
Oke Tammik
How we got to today's RE market.
What does it mean to be in the housing market post COVID?
Most of us remember where we were when it became clear that COVID-19 was truly a global issue that would affect Americans. The call for shutdowns came rapidly...
Breanne Lancaster
Who should be responsible for the Buyer's agent fee?
I have been in contact with a local realtor in my area who has brought me a couple of deals off the MLS. We are trying to put an offer in on a duplex and in the wording on the contract it says, "the selling firm is au...
Ben Nelson
Working with lenders
Hi folks! I'm preparing to do my first house hack in 2021 (moving into a multi-family property and property managing myself), but I'm having some trouble when talking with lenders. In order for my potential investment...
Ben Harhager
Starting out with single family home or duplex?
Hello everyone, So I finally have 2yr work experience, 778 credit, and about $10,000 saved up. I’m waiting until I have $18,000 - $20,000 to move out. I’m expecting a promotion within the next year as well. So I’ve go...
Lindsey Vargas
Do you pay attention to arrests that were dismissed in court?
I have narrowed down my applicants and would like to accept a couple who both have good jobs. I just ran the background check and it came up that the husband has a child endangerment charge that was dismissed and a do...
Steve J.
Need Some Advice Please
Hello BP,So I made my first deal a few months ago which is a single family I will house hack. There’s a finished basement that I will live in. I made a mistake and accepted tenants upstairs that I shouldn’t have accep...