Doug Simpson
First Flip
Hello all, I'm investigating my first flip deal and want to get your input, apologies for the long post in advance. I've been researching and gaining knowledge for quite a while, both online and in-person at local RE...
Luke Carl
How Time Consuming Are Vacation Rentals?
I get asked this question daily, and now with the help of ScreenTime on my iPhone I have an (almost) perfect answer. In the past 7 days I’ve spent exactly 3 hours on my 5 properties via the apps on my phone. This was ...
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Thank you SOOOO much!
Don't get me wrong here--I have had HUGE gains from real estate investments (yet I am not a seasoned Investor). This post has made me very happy that I have been so heavy in stocks. Poor MikeOh's $100 a month for so ...
Daniel Kent
Refinance from negative cash flow to positive cash flow
Hello BP Community!I have a rental property in Philadelphia which within the past year I just refinanced to reduce the term of the loan from 25 years to 15 years. This property was originally purchased as my primary...
Scott Ficek
How do you screen prospective tenants?
I thought I would throw out a topic for discussion....Tell me about the process that you go through to screen tenants.
Bryan Hancock
What is Your Best Experience With Fellow BP Members Sharing?
I have had BP members send me the following:
A copy of Spin Selling (thank you Jon Klaus) cassettes, contracts they use (thank you Ricky), advice on estate planning (thanks Vikram), attorney refer...
Vince Light
Advice for somebody who needs to make up for lost time
Hello BP!
I am pretty new to BP and I am more of the lurker type…. However, I am struggling to formulate my plan for financial independence and feel like I need to seek out some outside view points and opinions…. As ...
Nana K.
is it ok to use line of credit / credit card to start
I wanted to know if its ok for me to start with a line of credit and/or a credit card. Line of credit interest rate is 9% of 50000. Credit card rate is 11% but 14 if cash advance, limit is 25000. I do now have a pr...
Gene K.
To sell or not to sell when association holds a partial deed?
I need an advice as a Board member of the community. We have a property in our community that association holds a partial deed. The property is on association’s name right now. The property partially owned by a privat...
Heath Jones
Should I fire my CPA?
QUESTION: Is $2684.25 a reasonable price for CPA to file personal Federal and State tax returns which included 3 sole-member LLCs, all used for operating multifamily REI properties?BACKGROUND: Last year, my wife and I...