I see many in California and new on BP stuck in mindset that they should not invest in Cali. That might be the stupidest idea of all time. There are good opportunities all over no doubt and some are better than others...
Hello all.
A situation has come up and I need some advice from the experienced guys and gals on this forum.
My father owns a duplex (1/1 and 2/1) which he is currently underwater on. He is either breaking even or l...
First of all, I want to mention how great this site is. I just spent the last 4hours reading posts.
Now here's my problem... I bought a studio in 2006 with 0 down for $250k and put in roughly $20k to fix up the place...
I've searched through the forums a bit; but, decided to go ahead and ask my specific question.
I'm looking at a short sale....sounds too good to be true so it probably will be. It's listed at 59k and the home is ass...
Hey guys,Sorry for a dumb question.I am not sure who am I looking for, an accountant or paralegal?I need to make sure I am not doing anything that will pierce the corporate veil and put my LLC and other assets in jeop...
The tenant at my property has lived in the residence for 1 month now. The known occupants of the house is 2 adults (Mother & Daughter) and 2 children (Daughter's children) Last week, I did a 30 day walk through....
Hey guys,
do you put away (save) a certain amount of rent income for future repairs? If yes, how much? Do you have a separate business savings account for that?
Thank you,
Edita
Hi everyone,Complete newbie here who just discovered the world of BiggerPockets and real estate investing. The past few months I've been trying to learn and absorb everything RE related on my journey to financial inde...
Hello BP friends, My tenant texts 4 or 5 times a month and asks me to fix things. He did an inspection when he came in and wants me to fix all of those issues. Also the issues that he brings are " my kids are threaten...
The Snowflake Investor is a problem, mainly to himself or herself. The Snowflake Investor gets so emotionally attached to a deal that they can't see the forest for the trees. And just so BP doesn't break again, yes, w...