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31 January 2025 | 44 replies
The last 5 deals I bought were all basically move in ready, bought only at a slight discount after deals fell through.
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4 January 2025 | 26 replies
The rental had ratty furniture, a record player prominently featured in the marketing but it had no speakers, missing basics items in the kitchen, lots of drunks in the concrete hallways that reverberated right into the bedroom at 2am, a strong odor of urine outside, and more.We have super hosts in this forum that have hundreds of 5-star reviews and are masters of the craft, but I look at their rentals and see they don't have any artwork on the walls, decor is basic, they do nothing to make the guest feel welcome, etc.
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3 January 2025 | 3 replies
My immediate goal is to acquire our first property and spend the next two years mastering the basics of real estate investment. ( Refining the Go and No property search criteria/ Learning the value of taxes and avoiding them as much as possible/ 1031 exchanges) Depending on my wife’s career orders, we may remain in Baltimore for 1-2 years, but I’m also exploring opportunities in West Texas, Sierra Vista, AZ, and Houston, TX.
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3 January 2025 | 4 replies
On working this job, I would say to keep the focus on the basics of marketing and client relations.
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27 December 2024 | 8 replies
My only concern with renting it out room by room in Philadelphia is my safety as my roommates could be psychopaths.
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1 January 2025 | 0 replies
Because I did everything wrong, started with basically nothing and STILL achieved financial freedom, I know for a fact that anyone can do what I did.
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9 January 2025 | 14 replies
He is good for the basics like money management and not being stupid with your finances.
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16 January 2025 | 78 replies
Good points I try to target a price range basically a starter home that is affordable in A,B area .
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6 January 2025 | 57 replies
Same as you wouldn't only invest in one stock (or the stock market), diversifying allows you a bit of a safety net in case one goes down.With real estate a lot of people focus on cash flow, but remember tenants are paying down your mortgage for you and helping you build equity and over time (eg 5-10 years) your house will also appreciate in value.
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20 December 2024 | 3 replies
Hey good folks of BP. I come to you hat-in-hand, looking for the collective expertise I've come to enjoy here. I work for a portfolio lender as their point person for construction loans, and now I'm trying to grow the...