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I can't figure out
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Countless times, I've heard the question asked "How much do I need in reserves?" While the answer tends to vary based on the investors' risk tolerance, I thought I would share my experience. As a background, I live in...
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My and my husband's goal was to be able to retire on our passive income by age 30. We just hit our goal, both of us at age 27! We are so excited and can't believe how our hard work paid off, and even more quickly than...
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I have a rehab property that was close to completion when a cash buyer walked up to the property with offer and a bank statement in hand showing he had the funds to purchase. My business partner and I decided to accep...
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I'm in desperate need of some guidance or reassurance at the moment. I am feeling overwhelmed by options, things I've learned, and fear of the future.Right now my wife and I are trying to make a huge, potentially life...
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I was pressured to place an auction bid on behalf of an acquaintance of mine. I didn't want to do it because I wanted the house for myself, but he told me he would hire someone else (and outbid me) if I said no. ...
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I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...
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I'm new on BP and joined after I started listening to Joe Fairless' "Best Real Estate Investing Advice Ever" podcast. It's very motivating to hear other investor's stories. Curenrly I work full time in mental health a...
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Hello BP!For my friends out there I am little late in writing this post considering that we closed on our first 4-plex July 10th. I have collected 3 out of the 4 rents due and I am expecting the last payment in my po ...
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I must not be seeing eye to eye with many investors added with the fact of how new I am... but here it goes... I'm into buy and hold properties and I'm thinking of making my first purchase soon. The thing is, I kno...