Ryan McElroy
>$500,000 Passive Income/Cash Flow
Hey! Im slightly confused on what the fastest way to accumulate >$500,000 a year in passive income would be. As of right now, I have a plan to acquire 3-4 fourplexes over the course of around 5 years. I would buy t...
Matt Schultze
Contractor Question
Hi allI am looking to purchase a prop that is going to need more work than I can handle. I am looking to add a kitchen and bath on the main floor of the home. (no idea why there was none before) this will convert this...
Gregory Brooks
Finding an ammount to rent your home for
I've looked at comparable comps in the area. Called other landlords and attempted to get informantion. Some places seemed calm and cool and not in a rush. Some seem like they haven't had many applications. Has anyone ...
Rachel Kennedy
Flip Scenario: Over invested and now we need out
We are in Denver. Bought a flip in one of Denvers hottest neighborhoods. We made a HUGE mistake and lost track of our numbers. We are about 80% done but have invested $625K into a $640K ARV house (I know, stupid stupi...
Daniel Luedtke
Renters insurance, is it needed?
I have a seasonal Lakehouse rental, have been using a PM company the last couple years, as I live across the country from my rental, but have never had renters insurance. Nor have I ever thought about it. I am switc...
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Landlord causing my wife trouble, please need advice
My wife has been renting a 2 bedroom home with a month to month lease for 5 months. She has been a perfect tenant, she's clean and takes good care of the home. She has never been late on a payment, never has done dama...
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Insurance coverage - worst case scenario - Proper Insurance
This is not just another insurance question as the many that have been posted that I have already read through.
My question is about liability and protecting yourself with insurance coverage on personal bases and no...
Michael Rogers
Learning Annex w/ Trump
A couple of years ago, I saw a billboard w/ Donald Trump promoting the Learning Annex in Atlanta, Georgia. This was at the height of the Apprentice and I thought it would be a good way to see "The Donald" and Robert ...
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Use 401K/IRA for a real estate purchase?
Hello. I am looking to buy land (not for primary residence) and I heard that you can use a 401K or IRA (or similar) to purchase real estate, or else loan yourself money from the 401K, or something to that effect. Is t...
Anthony Surico
Separate LLC's with Ownership into a Partnership
Hi BP Community! My buddy and I, both 25, have worked closely over the past couple of years on different non business activities for the community and we are looking to join together to form a business relationship wi...