William Hull
Investment to pour into baby boomer retirement properties
What do college aged young adults and retirees have in common? Maybe more than you would think! Just as students move into communities based on common interests, in this case, academics, retirees seem to be following ...
Phillip Austin
Nightmare Tenant - This is why you need a property manager!
One of the best examples I found this year as to why you need a property manager (especially in Colorado). This client chose not to use our services and instead, tried to self-manage their primary. This was the very f...
Patricia Mclean
My Seller can't come to closing
Hi Ron I have a seller who wants me to take over her payments. She owes around 94K and payments of $962. The house is occupied and tenant has been there for 5 yrs. She charges 850 in rent. The value is between 98 and...
Patricia Mclean
My Seller can't come to closing
Hi BP I have a seller who wants me to take over her payments. She owes around 94K and payments of $962. The house is occupied and tenant has been there for 5 yrs. She charges 850 in rent. The value is between 98 and ...
Dan Smith
Health Insurance Options
My wife and I founded and grew a very successful tech company over the past 10 years and we just had our exit. We have done several property flips and have a few rentals that we’ve accumulated over the years. We reall...
Fradel Schaechter
Got Excuses? Turn Them into Your 'Why'!
Even once deciding to go ahead and get my feet wet in real estate, I realized my Brain still had some excuses going why I couldn't succeed at it. Here are some of these excuses:1) I don't have enough energy (as i stru...
Account Closed
'Get a Piece a dat REI Pie' Pattern Phenomenon: Rash Expectations?
maybe i'm the only one noticing it or seeing things but after having been on BP for a few months now, i notice practically day in and day out new member posts (welcome!) with pretty much the same sketch: have no mone...
Juan Correia
Insurance for a Diabetic
My wife and I live in Portugal and we have been doing investment in RE for some time now. We bought our first houses on our twenties, basically for buy and hold, using regular bank loans.
When she turned 30, she was...
Dina Harleth
Deducting repairs done while living in a property?
I'm currently living in a house that I want to convert to a rental. I've been told by a couple accountants that I can have repairs done while I'm living here and still deduct them - that I can justify that these were...
Lisa Carpenter
Minimum 3x income - before of after taxes
Should a potential tenants minimum income be 3x the rent, before or after taxes?