Ricardo Garcia
Truebooks CPA - Feedback
Hi all,
You must listen to podcast #689, The #1 Real Estate Tax Loophole, with Matt Bontrager. I was impressed with the information shared by Matt. It was easy to understand and to the point. I Googled Truebooks revi...
Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Mike H.
Is right now one of the worst times to be a real estate investor?
I haven't been doing this as long as some of the big time investors here. But I've had a pretty interesting run over the last 20 years. And I'm just wondering if anybody else is seeing the same thing. I started in ...
Edward Brewington
Property Management Renewal of Lease Fee
The property management company I work with in Michigan wants to charge me $250 for a renewal of a lease. I have two other PMs in another State and they don't even charge me for this. Is this common? It's just resigni...
JoJo Diego
Investing in Multi Family now or Student Loans first...any guidance?
I've asked this question in other areas and have yet to get 1 response, maybe here will help - before investing, financially where should I be? (I understand no one can give a clean direct answer but a ball park)I'd l...
Lawrence Moore
Mortgage vs Owning outright
Just out of curiosity, how many of all your properties do you have a mortgage on and how many do you fully own? Mainly talking to buy & hold people, but flipping would also be welcomed, and really any type of REI ...
Markus March
Late Fee Pricing
I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...
Derrick Gordon
SHOULD I CREATE AN LLC OR CORP?
I see most people have an llc - is there a significant reason why?
Alexander Alguire
Your BIGGEST "There's no way I can do this whole REI thing"
As I am in the process of getting educated and either finding a lender who will lend to me, or a partnership/other sort of creative way to buy, I had a total "how the hell am i going to do this moment" last night that...
Yesenia Charles
Should I liquidate my Seattle properties while I can? Existential crisis
So I posted this in reddit but got slim to none responses and figured I should post it where the experts live. Also first time poster! Bear with this long existential post, and here it goes.
I'm a 30 odd year old h...