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2 September 2017 | 0 replies
Additionally, this property is close to the airport so there is a lot of potential to turn it into an airbnb hub, leading to more cashflow and of course, more management/cleaning time.Long story short, would you take a deal with these parameters:- Asking price $165,000 (pre-MLS price) - Duplex consists of: 1 bedroom main floor and basement unit & 1 bedroom upstairs unit- Total rent: $1600/month (tenants pay utilities)Addendum: I just bought my first property with 11% down (before I found BP), so any suggestions (or links to forum posts/blog posts/podcasts) on creative ways to finance this deal, please let me know.Thanks BP community.
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13 September 2017 | 11 replies
Here is a BP blog post I wrote about the time and monetary costs of getting licensed in California: https://www.biggerpockets.com/blogs/9561/55035-wha...
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6 September 2017 | 8 replies
I have spent the last 8 months listening to all of the BP Podcasts, reading many of the recommendations made on the podcasts as well as within the forums and blogs.
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4 September 2017 | 4 replies
@Chris IrvinChris, you never get in title with a lease option, you control the property.The best way to get on title is sub2 or a wrap or a land contract, now your exit strategy may be a lease w option or a lease w ROFRSee my BP blog "Make money without banks or credit."
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23 September 2017 | 9 replies
He is a broker in Colorado who has a great blog/podcast.
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13 September 2017 | 10 replies
From speaking with another (actual) investor, I learned that this group operated heavily in the Stockton and Sacramento area.Bottom line: if you come across someone who tells you that you have to pay to learn from them, I would suggest to continue looking - it is possible that you may learn something from the "education," but, in higher likelihood, you'd only end up deeper in debt, or worse, in a bad RE deal that they could not find anyone else to sell to.There are plenty of honest people still around, many are successful and some of those have blogs and podcasts that you can learn from for free (although, they still seem to have something to sell you, but it is a fair trade off.)
5 September 2017 | 2 replies
Look at Afford Anything blog for more on this (I get nothing for the plug).
5 September 2017 | 13 replies
I've written a few blogs you might find of interest as alternative to "traditional" real estate investing, which most folks I talk to migrate away from due to the extra hassles of managing their own properties, even if they have property management. https://www.biggerpockets.com/blogs/7993/48729-are...
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6 September 2017 | 2 replies
Since a lot of people responded that they were motivated by it, I decided to do a follow-up to my previous BP blog post "My First 12 Months as a Real Estate Investor…Here’s my story…"Read my latest BP blog post: "The Story Continues…18 Months Into Being A Real Estate Investor"
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6 September 2017 | 5 replies
I have written extensively in my BP blog on one such company that I have made numerous investments in:Have I Found the Holy Grail of Passive Real Estate Investing?