I'm currently looking at a few cities out-of-state to buy a rental, and one of the cities that looks great and affordable is Indianapolis.Problem is, since I don't live there (i'm from CA), I don't know which areas to...

Hello Everyone,I've learned a lot from Frank Gallinelli's "What Every Real Estate Investor Needs to Know About Cash Flow," however, the Internal Rate of Return concept is still a little confusing to me.In this book th...

Ok, long weekend and a little lighthearted fare:

Real estate investors - what kind of car(s) do you drive? Do you prefer luxury cars? Modest cars? How many drive cars with many, many miles on them? And - if you...

After such a positive response from my first thread on the BRRRR model in Metro Detroit, I wanted to share a new strategy that I've successfully implemented into my business which will MAXIMIZE CASH FLOW from small Mu...

Rental amount $1175/month with $1000 depositClients Financials : Husband - $2500/month before taxWife - $355/month in child support. Stay at home mom (they have 3 kids. Age 2, 6, and 8)They own 2 vehicles (07 Chrysler...

I've been on BP for a little under a week now, I love this site it's so informative. My question to you guys though is "Do you believe Detroit is making a turn around for the better & Will the change be noticed...

Hi Folks,I am looking to purchase my first investment property (either a SF home or less than 5 MF units) and plan to hold it in an LLC, with myself the only member and the member-manager.  A couple questions about th...

Hello BP,Has anyone rehabbed a Detroit property under the supervision of the Detroit Land Bank Authority.  I am considering a property but do not know about all of the hoops that you need to jump through in order to k...

After reading Mr. Money Mustache for several days know that and The Richest Man in Babylon have got me thinking. If I could cut out my car payment I could save/invest a decent amount of money.