Ray Ochotorena
Just starting out, current home sell (and 1031) or rent?
Hi everyone, I am ready to start investing in real estate and have a situation and thought I'd reach out to see what you all thought. I am in my current home and building a custom home for my family. When it's complet...
Joseph Sapyta
What’s a good amount to have saved up for first rental property?
I’m trying to lay out my plan for my first property. Trying to find a duplex for around 150k more or less. For example if I do a fha loan and my down payment is around 5k, how much extra should I have saved for this ?...
Seth Macomber
What keeps you motivated?
I thought it would be cool to see what tactics people use to stay motivated and engaged in real estate.I like to write my goals (short, long, middle-long term) in a journal at night before bed, than I wake up and read...
Maureen Nixon
How do you know if it’s a war zone?
Hi all, We have been looking through a ton of properties and listing to every book and podcast. I have heard the words war zone constantly and I’m nervous about it because I feel like we might be on the edge. Not on...
Justin Demember
Tax implications on new rental duplex
A 50/50 partner and I just purchased a duplex with a conventional loan. We have a tenant in each tut came with the property and receive 1000 in rent. P&I is $200 with taxes and insurance NOT in escrow. We have no ...
Jay Richards
Not piercing my own veil
I have recently begun my journey into investment real estate. Two houses held under seperate LLCs. I am concerned about how I can expense things that were purchased on a personal credit card (building material and h...
Ian Kuchman
Software Uses for Investors
I am wondering what types of software there are on the marketplace, and what function they serve to help investors. I would love to see what folks are using out there that I may be unaware of...
I guess a mor...
Brandon Foken
Advice for Working with Agents in a Crazy Market?
I've been reading J Scott's books and the BP forums and almost everyone recommends finding a real estate agent early in your investing career that can help you out by pulling comps, finding listings, etc. My question ...
Pranitha Shandi
Removal of Pet from the Lease
My current tenant has moved in with a pet 8 months ago. The lease is set up to call out a pet (with the total rent showing the advertised rent plus the $30 additional pet rent) and an extra $300 non-refundable securit...
Abu Kemahj
New member from Jersey Shore
Hello to all BP members. My name name is Abu and I am introducing myself from Southern New Jersey. I feel privileged to be amongst you all with your passion, eagerness, and commitment to REI. I'm compelled to say that...