Neel Iyer
Starting Out.... towards my first SFR investment
Hi BP community - I have started doing some research into my first SFR investment which will likely be out of state - A ~$100,000 home with a roughly 1% rent/cost. I am looking at St Louis, MO, Cleveland OH, suburban...
Mahauijue Mack
How much to charge tenant for pet deposit fee?
One of my tenants just brought it to my attention that she in the process of adopting a dog( German Shepard). Right now the dog is a puppy no more than 10lbs but will grow up to 40Lbs. How much are pet security deposi...
Anthony Dupre
Seeking Advice on Asset Protection for Out-of-State Real Estate Investments
Hi,
My wife and I are starting our journey into real estate investment. While we currently reside in California, our focus is on acquiring properties outside the state, particularly in Arizona, Nevada, Texas, and Pen...
Justin Edgerly
Ready to jump in, but not sure how!
Hi everyone! OK, I have two SFR homes free and clear. I live in one, my grandmother and her caretaker live in the other. We have our eyes on a new home for me that has a guest house that would suit my grandmother pe...
Chris Baxter
Accountability for your 2022 investing goals
If you've listened to the BP Real Estate Podcast you know that 'taking action' and 'setting clear goals' are the most popular answers to the Famous Four question "What do you believe sets apart successful real estate ...
Joe Calderon
Include a clause in lease to ease eviction?
A user from another forum suggested"Thats what conditional leases are for. All it takes is a few lines of type to make a bulletproof lease. Something along the lines of a year lease converting to a month by month leas...
Adam Aschoff
Should I take out 401k to use in real estate?
With now being able to take out money penalty free from a 401k and where the market is currently, would taking the money out now and saving it for investing in real estate be a smarter move long term? Especially with ...
Brady Lamprecht
New Investor From Northern Colorado
Just wanted to introduce myself as well as ask a few generalized questions, so here we go.As a network engineer by trade, I'm fed-up with the day-to-day 9-to-5 churn all while not truly enjoying the life in the proces...
Jessica Dix
Self Directed IRA for Early Retirement?
Hello BP community,Are self directed IRAs a good idea for those working towards early retirement? My goal is to retire/be financially free by age 35 and not being able to access the cash without penalty until 59 1/2 m...
Kelly P.
Seller financing down payment - deal term ideas
How do I structure the offer asking seller to finance the down payment? I qualified for a mortgage (excellent credit; solid W2 income), but don't want to use my own money for down on 2nd home. Seller has $175K mortg...