Greetings BP,So I’m 19 years old, from the Chicagoland area and I’ve decided to drop out of community college couple of weeks ago. I realized that a traditional education wasn’t for me and it would hold me back from a...

Hello BP,I recently closed on a 5 unit property where all of the units are way below market.  With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...

“Live where you rent. Rent what you own.”I’m sure many of you have heard Grant Cardone say this. I’m curious if anyone has applied it.My wife and I own investment properties and had our minds set on purchasing our own...

I'm encountering a situation right now, which I will attempt to generalize in this post.  Looking to discuss the pros and cons, to ensure I am not overlooking anything on the financing side and understand the risks/be...

Peter Harris, for those that don't know, is the co-author of Commercial Real estate for Dummies book. I have read it multiple times and I even watched all his videos on YouTube. One day I finally went to his websit...

    This Saturday I awoke early, and got in my car to start my 1 1/2 trip to Philadelphia. Ron LeGrand, the millionaire real estate investor was set to speak. My Real Estate education goes as far as some courses and b...

yep, about a foot of water in my basement apartment in my triplex. Called the flood insurance company, but my deductible is fairly high ($5k) so I'm looking to still do this cleanup on the cheap. Anybody have any good...

I’m just starting out and I was trying to get a preapproval letter so that I could know what price range to start looking in. I was told that I should save up $10,000 before I even consider getting a preapproval lette...

1) Not keeping enough reserves. Big expense hits and owner cannot handle it

2) Fix/flip - unforseen repair needed. Too many deals go bad.

I'm curious to hear how RE empires go down during recessions.

I invested in a property in property in San Diego in 2015, whose numbers were indicating it was going to be cashflow negative by a couple hundred dollars per month. I was a little surprised at the near universal advic...