I was all set to make an offer on a 8 unit(4 modular duplexes) last Monday 'til I found out there was a sex offender in one of the units Sunday night. I looked up his court case and found out it was for 4-5 years of ...
Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...
I have been putting a lot of thought into the housing market and our homeless issues in Washington and I'm wondering if all these tenant rights are pushing investors away from LTR? I have always wanted my investing to...
If there was one golden nugget; one tip, you could give that would aid in the long term success of a new real estate investor, what would it be?
As a real estate investor and financial advisor I usually understand the mindset of other investors. Individuals in real estate are usually more willing to take on risk which is often rewarded. I understand REI’s usua...
Let's say you have 5 properties that - due to economic and job market conditions in the area - only command enough rent to barely cover mortgages, insurance, and taxes. Nothing left over at all for maintenance, repa...
Hi BP friends. I'm an aspiring real estate investor and I have a question regarding cashflow vs net worth when starting out.I've made an introduction thread before but once again my situation is as follows. I am 30 ye...
I always hear Kiyosaki (and countless others) talking about owning physical gold in addition to real estate. I get the thesis, but how does one technically hold, store, and (most importantly) SECURE physical gold hold...
Hi everyone! I am in a big jam, here's my situation....One of my recent aquistions was a 12 unit apartment building. After the 1st month, I received an astronomical high water bill/sewer. Where I purchased this buildi...
I'm curious what the experiences other investors have had when it comes to banks verifying owner occupancy. I have a friend who said that they never checked but I'm curious if anyone has had any experience (good and ...