James Park
Investing $1,000,000 and making $100,000 passive income a year outside of real estate.
Several people asked this question of how to invest a $1million to get a safe return of 10%. Many of advice given were buy 10 SFRs for $100,000 each, 5 SFRs for $200,000 or a $1,000,000 apartment and collect $100,000 ...
Josh Miller
Questionable HOA, possible skimming going on
I have a rental condo and have owned the unit since Jan 19. This complex has 18 units that pay $175 per month. Board members do not pay HOA dues as this is their compensation. The board consists of 3 unit owners and t...
Account Closed
How to go about purchasing a second property
Hey all, been a fly on the wall here for a little bit.like the title describes I’ve been living in my primary residence for a little over a year now. Purchased at 260k using VA loan. Refinanced to a 2.3 interest rate....
Kris R.
Am I a future real estate mogul? This seems too easy...
Hello,
My name is Kristopher. I’m 22 and live in Miami beach, FL with my parents and girlfriend. I am a college student studying Finance, and I also have a part time job at Bank of America. My parents have ow...
Karen Margrave
Sunriver - Bend - La Pine OREGON - Let's plan a meetup!!
Hi everyone!! For those that don't know who I am, I am Karen Margrave. I've been a moderator on BP for several years, having become obsessed with the site in 2010 or so. I was living in Orange County CA and we were b...
Jacob Walls
Need help naming LLC
I’m in the process of buying my first duplex to house hack. I plan to buy more income properties in the future and it seems like it’s the best idea to start a LLC after discussing with my accountant. Is there is namin...
Linda Weygant
Bizarre Issue in Wholesale/Subject To Deal - What do you think?
So the weirdest thing has happened and would love some insight from those of you who work the foreclosure process.I bought a condo that was going into foreclosure. I got a cashier's check for the wholesaler to take t...
Abby Li
Novice high networth investor eager for feedback on strategies
Novice high networth & income investor eager for feedback on strategiesHi Everyone,Due to my job and gracious family gift, I have some capital ready to invest (refer to below for details). I have been listening to...
Ricky Stafford
Rehab for Rental - Be own contractor or hire one?
I'm curious how most investors handle their rehabs/remodels.I have a space that needs completely gutted and it is going to be a big job. It will require everyone - electrician, contractor, plumber, sheet rock, floorin...
Joseph Lucas Jr
Landlord Tales and cautions
Happy Friday BP Nation!I am still very new to the world of real estate investing but I think I’m going to go down the path of buying, holding and renting. Now I talk with my fiance about this and she immediately bring...