Rich Weese
4th obstacle to creating real wealth
And by far, is income taxes. I know there are tremendous legal methods how to not pay income taxes, or to pay very little. Judge Learned Hand(his real name!) once said in a court case " it is the right of every Americ...
Jon Klaus
Month to month vs. 12 month lease
I know some of you are only doing month to month leases for flexibility and control. But what do you do if you have a really good prospective tenant who "needs" a longer term? Perhaps they just left their last renta...
Michael Ouvrard
From 0-4 Houses in 3 Months!
It's been five months or so since I've joined this website and have been relatively absent from the forums, not because I decided REI wasn't for me, but rather because I have been busy doing deals! To set the stage, h...
Dawn Anastasi
It's hard to ask for money
Asking for money seems to be an embarrassing topic. It seems to be more embarrassing to ask for money from private individuals than from a bank. Why? I think because a bank is just an "institution" versus a pers...
Maureen Simmons
Newbie Investor .... Seeking advice about financing options
I've been a part of the BP family since 2018 and am finally tired of life on the sidelines so I'm getting in the game. I've identified a multifamily property but am still a little green when it comes to financing opti...
Marie M.
Subdivision bylaws-- need your thoughts on this language
Hello! What are my fellow BP member thoughts on this language? Does it specifically prohibit short term rentals? I'm not seeing that it does and I am living in an ideal situation to move out and STR. This is not a...
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...
Jake Svirsky
Whats really considered a good deal?
When buying a house that you think has more value than what it's selling for, how much % cheaper is ideal for rentals?
Shiloh Lundahl
Is there a SHORTCUT TO WEALTH?
Many people invest in real estate in order to create passive income and eventually become wealthy enough to not have to work a regular job for the rest of their lives.I want to pose a philosophical question. Is there ...
Sterling Fields
To bookkeep or not to bookkeep?
Hello fellow BP members! Looking for a little advice..Little background: I am a financial analyst for a multifamily developer, so i understand real estate and all of the financials associated, but i am definitely not ...