So I am in the process of purchasing a home at a big discount to an elderly lady. Part of the agreement I made with her was to lease the house back to her at an extremely reduced price from normal rents. She's 80 year...
Greetings all. So just a quick synopsis of what we have going. We, well mostly myself, have owned a large 4 family house in a blue collar/working class neighborhood. We get decent people applying for rents and screen ...
Hello BP Community,My name is Michael Ulrich - jumped into rental investing a little over a year ago and love it! We started with 1 in late 2018, currently have 8, and hope to keep growing.I'm a regional sales rep wi...
You can look back at our 2022 Year-end Wrap-up Post for further perspective.
Economy- my perspective right or wrong throughout 2023. This is the basis for some of our business decisions. Basically, put our money wh...
Is there anyone specifically who can say they own multiple condos and are successful in this? It seems that their is a lot of red tape involving the condo associations that can cause issues in cash flow. I'm just curi...
I've been waiting on a short sale as a buyer for the last 5.5 months.
The home has two mortgages.
The first bank approved my offer, and is offering the second bank, Chase, $5K to buy them out. The second bank h...
I attended the 10X Growth Conference 3 February 1-3, 2019, along with 35,000 of my new friends. This is a huge event and it would be impossible to summarize everything you can learn in one post. What’s more, I have ta...
Has anyone been able to build a local partner as a remote BRRRR investor?
There seems to be two ways for this:Partnering with a Core Four teamPartnering with one local person who understands the core four partnership...
I can't believe that I'm 60 and have just discovered Self-directed IRAs! My husband and I are now very excited about the idea of buying 1-2 houses in our neighborhood. We're not interested in flipping. We’re more li...
Last week I met with a local financial adviser. I informed him that I'm a real estate investor, so he suggested Infinite Banking as possible financing option. The infinite banking sounds similar to using $401k or IR...