Dear BP friends --I am thinking of buying a property for cash. However, I am concerned about using up all of my non-retirment money on a property deal. It's just scary. We obviously need to have an emergency fund f...
After writing this, I now realize it's pretty long, so I put the main focus and details of the deal in bold and the rest of the fluff in italics.Prior to successfully completing my first real estate deal, one of the t...
I have been getting the impression over the past two years that more and more people are entering the world of REI.
When I started a decade ago I was somewhat of a pariah amongst friends, family and work colleges. No...
I am just starting out in real estate, and have been told by multiple people that a buy and hold strategy for positive cash flow, while getting a decent COCR in my area (Portland, OR) is very difficult/ not possible. ...
To introduce myself, I am a valley engineer who is tired of working on software and wants to put his money to work. Towards this end, a few weeks ago, I started looking at investments in the bay area. Since this is my...
I own a 2 family unit in st louis, this is upper level and lower level. I used to occupy the upper level while the lower level was being gut rehabbed. While living upstairs i had high electric bills winter only (all...
While out riding around the neighborhood I wanted to invest in I ran into an open house and met with the agent. The house was overpriced (she even said it that day) I decided to try and network, she was nice enough to...
I have held a triplex in Berkeley since 2002. It was the third property I purchased. It has about $2 million equity and a $550K principal balance. It is like a very extended BRRRR. I am finally ready for the refin...
So, I’m hanging out at my duplex waiting for another prospective tenant that isn’t showing up for their appointment.
I prescreen, which cuts down drastically on no shows and people that do not meet the rental criter...