Amy Thatcher
Eviction at Christmas: Scrooge or Good Business?
I recently (late Sept. 2018) purchased a duplex in FL. The property was fairly run down, i.e. overgrown yard, the occupied unit has window coverings consisting of aluminum foil and/or bed sheets/blankets, additionally...
Chris Speights
Selling my Wholesale Business...need advice
I have been wholesaling for around 3 years, now. I have pretty much always worked with a partner. I work a full time job in Oil & Gas, but was doing wholesaling on the side. This partner of mine does wholesalin...
Matthew Anderson
New landlord problems, tenant that thinks they're in charge
Just bought my first property in Pittsfield, New Hampshire, it's a four-unit built in 1850 my family and I plan to do an owner occupied unit with tenants in the other 3 units. The previous landlord seemed to have fo...
Adam Meadows
Need Advice: Self-directed IRA vs. Solo 401K
Hello BP,I need some help regarding how to proceed on determining a SDIRA vs. Solo 401K. I've got about $100K in a 403B plan (equivalent of 401K for non-profit organizations) from a former employer. I am currently an ...
Adrian Delgado
Tell me a story about a time you were NOT successful.
Hello, so I always read these amazing stories about how successful people have been with their Real Estate Investing. However, today I want to hear different stories about a time you guys were NOT successful. The reas...
Westin Hudnall
Using 401 K money to pay off my primary mortgage - Good or bad idea ?
My story : I'm 30. Fully vested with $55,000 in my 401 K . My primary mortgage has a balance of $35,000 left of my original $182,000 loan I got 5 years ago.I made a lot the past few years during the down economy and w...
Sam Erickson
What's the deal with CPAs advising against LLCs?
I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me? I c...
Jack Hou
Time to sell for max appreciation in Bay Area?
Hey all!First time post but I have been following BP for quite some time. I'm facing this dilemma of whether or not I should hold on to my million dollar, unrealistically tiny town house. Here's the situation: Situat...
Tyler W.
Explain it to me like I'm 5: How do you get rich in real estate? Seems like it takes many many years to get positive cash flow.
Please help clear my mind from my skewed point of view of how REI works.My goal is to buy a multiplex apartment building and live in one of the units. So I'm guessing that I'd have to put something like $50,000 down f...
Ray Thorsen
Gatlinburg Pigeon Forge cash flow str rentals
I am heading down to the Smoky Mountain Gatlinburg Pigeon Forge Tennessee area on vacation and wanted to check out some Str cabins for a possible AirBNB model. I am wondering if anyone would share what areas are best ...