
16 December 2019 | 9 replies
@Quentin Mitchell many people who promote cash flow above all are banking on appreciation and don’t know it.You can have a property cash flowing at 200-300-400 a month and so on and still be losing money if you plan to EVER exit.You will need the purchase price to rise at least the amount of inflation, and you will need to be able to exit accounting for commissions, other selling costs, and the fact that the market for “cash flow only” properties is pretty much just investors.

18 December 2019 | 17 replies
This is from the Ohio Revised Code directly.Chapter 4735: REAL ESTATE BROKERS4735.01 Real estate broker definitions.As used in this chapter:(A) "Real estate broker" includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to a power of attorney or otherwise, and who for a fee, commission, or other valuable consideration, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration does any of the following:(1) Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate;(2) Offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate;(3) Lists, or offers, attempts, or agrees to list, or auctions, or offers, attempts, or agrees to auction, any real estate;(4) Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate;(5) Operates, manages, or rents, or offers or attempts to operate, manage, or rent, other than as custodian, caretaker, or janitor, any building or portions of buildings to the public as tenants;(6) Advertises or holds self out as engaged in the business of selling, exchanging, purchasing, renting, or leasing real estate;(7) Directs or assists in the procuring of prospects or the negotiation of any transaction, other than mortgage financing, which does or is calculated to result in the sale, exchange, leasing, or renting of any real estate;(8) Is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby the broker undertakes primarily to promote the sale, exchange, purchase, rental, or leasing of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both, except that this division does not apply to a publisher of listings or compilations of sales of real estate by their owners;(9) Collects rental information for purposes of referring prospective tenants to rental units or locations of such units and charges the prospective tenants a fee.As for "Subject To" if you'd like my take I linked to a thread below that I started on that cesspool of a business model.

19 December 2019 | 23 replies
We just started a brand new podcast and was wondering if anyone had any suggestions on how to promote it.

21 January 2020 | 21 replies
BP moderators and content checkers, please don't delete this as self-promotion, it isn't.

17 December 2019 | 5 replies
., TV commercials, radio ads, motivated seller websites, SEO, pay per click/adwords, facebook, Linkedin, Youtube, and other forms of online advertising and boosted/promoted social media postings.Bottom line is integrity and consistency.

20 December 2019 | 47 replies
I know it's heavily promoted within the Realtor circles, but it's a risky route.As an agent, 100% of the income is for your personal services.

21 December 2019 | 8 replies
it's a business book but helps give the right mentality for tackling real estate and setting up systems.Feel free to reach out if you have any questions.

17 December 2019 | 6 replies
In "Skid Row", there were usually several kinds of apts for the homeless or very low wage persons including "SROs (Single Room Occupancy)" and Flop Houses.Back then, you could have lived in one of these "SROs" by working in some menial task that didn't require any skills such as loading and unloading trucks, etc.They didn't care if you were mentally ill or physically disabled or need medical attention.

21 December 2019 | 32 replies
Being cashflow negative or cashflow 0 for years is not only brutal financially but brutal mentally.

17 December 2019 | 6 replies
But they tell themselves a story about how magic is going to happen (they will stop missing their credit card payments, that promotion at work is coming any day now, they'll win the lottery, whatever), and that's why they are overpaying in rent "contributing towards their equity."