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So I have been going around and attending many different networking and REI Clubs in the Chicago area. Some I have found useful, others I wouldn't call a club but more an infomercial for the guru pitching a product. S...
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For those of you who've read Rich Dad Poor Dad, I have a question. Author Robert Kiyosaki advises to own assets, not liabilities. He says that buying your own house is a liability, since cash leaves your pocket each m...
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As we've all seen, the Colorado Springs RE market has gone crazy the last several years. With new business, tons of building and a highly rated quality of life, it is the place to be. I've even heard some people commu...
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I constantly get asked, "When are you and Carol going to get your own real estate TV show?!?!" Since I enjoy embarrassing myself, I thought I would provide an answer...along with a video... As backstory, over the p...
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Hello spec home builders,I was wondering if you could review my breakdown of a potential deal I was looking at. It involves purchasing a piece of land to build a spec house. Let me know if I'm missing something in m...
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I was burnt out. For nearly fifteen years I had worked as a commercial photographer trying to balance art and commerce. I felt like I had failed. The commerce me had killed the creative me. The problem was that fi...
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Hello, would you buy a house that the son killed his mom and burnt the house down to flip?
Here are the numbers:
Purchase Price - $50k
Rehab Cost - $60-65k
ARV - $220-250k
There is a lot of room here, but I have ne...
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I joined BP in March of last year after stumbling across the site while searching for real estate information. After a few months of research and study, my then-fiancé and I decided we would pursue rehabbing/wholesali...
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Took a chance on a young lady with 4 kids, as many landlords know, kids can be very detrimental to a property. A large percentage of landlords discriminate against children in the application process... I decided not ...