All Forum Posts by: Robert Leonard
Robert Leonard has started 46 posts and replied 1361 times.
Post: Doug Martens from Milwaukee Wisconsin

- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
Welcome to BP @Doug Martens
Post: Going back to school too long?

- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
@Account Closed this is a very specific question to your personal situation, but I'll offer a few questions that I think might help you decide.
How long will it take to complete the degree? How much will it cost? How much will your income increase when you complete the degree? The possibilities for the answers to those few questions can be wildly different for what is your best option.
You didn't mention anything about your personal finances other than the need to increase your income. I think it should always be a priority to minimize or eliminate consumer debt (primarily credit cards and car loans) and keep your cost of living well below what you "qualify" for housing to live within your means and have money to invest.
In any case, I do applaud you for looking for a way to increase your income to make money available to invest.
Post: Researching an area and rents

- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
Post: Seems like a scam.

- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
SCAM! Turn it in @Luke M. !
When you see that kind of bad grammar and poorly written English it is very common among overseas scammers. (Not that we don't butcher it well enough ourselves. ;-)
That's as much as you can do with it. Forward to the authorities.
Post: FLORIDA: THIS IS A REALLY RANDOM QUESTION TO ASK A STRANGER

- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
Hi @Account Closed , try https://www.airbnb.com/
I haven't used it personally, but I've heard a few positive comments from others who have. I have no affiliation to them.
Post: Real Estate Classes

- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
Post: Should financial advisors be knowledgable about buying/selling RE and tax implications?

- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
Thanks @Bill Exeter for clarifying my misstatement. Good catch!
Post: Can I use my Self-Directed IRA for renovations on a rental property? This Property is currently my primary residence.

- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
Sorry @Robbie Pratt
Post: Should financial advisors be knowledgable about buying/selling RE and tax implications?

- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
Post: I'm looking to make my first deal but, having trouble!

- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
@Mike L. you may want to also put a twist on the duplex strategy and look for houses with a "mother in law suite" or guest house. You could live in the smaller less valuable house and rent the other more valuable structure! Just another something to consider.