Elaine Goepfert
PLEASE HELP...being foreclosed on because property is upside down
Jan 2023 I purchased a property in Cape Coral, FL. I purchased for $395,000 and rehabbed for $70,000. I took out a hard money loan with Kiavi for one year. I put up for sale with no bites then transitioned to a STR...
Osazee Edebiri
California Vs Out of State (really, but why?)
I think the constant discussion of California vs anywhere else is intriguing. So I pose a question. Hypothetical, if a person had a 2 million dollars to invest, they purchased property with 1 million in California an...
Michael Ealy
From Bankruptcy to 1,000 Units (Part 3 - How to Build an Empire)
Here’s Part 1Here’s Part 2I will answer the question: how I went from 1 house and an 8-unit building to over 1,000 apartment units and more importantly, what I learned along the way. I share my story NOT to brag becau...
Jonathan Bowen
I hate "house hacking".
I hate everything about the phrase "house hacking". EVERYTHING! The term "house hacking', in my opinion, is derived from the internet culture of hackers; hackers hack websites in order to gain unfair advantages. The s...
Joseph Firmin
"New" NY Tenant Protection Laws - Still Worth Investing in NY?
Our property manager emailed last night stating they are having an "emergency meeting" to discuss whether they should continue business given the new regulations signed into effect by Gov. Cuomo. The new tenant prote...
Jeff Piscioniere
LLC logistics as created as a partnership
Good morning all!
Just a few short months ago, my 2 partners and I created an LLC for the purpose purchasing buy and hold rental properties. We closed on our first multi in July. The mortgage is only in one of the pa...
Mike Alder
Building "Tiny Homes"
Hello BP Family,Does anyone in the group have experience building or living in these super cool "Tiny Homes"I'm brainstorming a strategy for 2016 and looking for some feedback on the subject. Thanks!