Why have you not sold, refinanced, or 1031 exchanged your pricey RE for more cash flow? I did and went from $50,000 cash flow to my current $120,000 cash flow and in 2 months moving to $160,000 cash flow.  Would you h...

Hello bp subscribers. My wife and I are brand new to the real estate investing world, and are looking @ all of our options for financing out first property, and one of them is possibly taking from my employee based 40...

I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...

My mother bought a 2 family house for 514K back in 2006.  The mortgage was very complex and handled by the now defunct WMC(of GE), infamous for using scissors and xerox machines to fake documents, and anything else im...

Hello BPI’m curious how members in different regions have tailored the 1% rule (especially charlotte, but anywhere really). Looking relative to some of the properties I’ve seen in the area, 1% seems difficult to attai...

OK so going to post as one of the HATED contractors!

First as explained on the podcast there are three tiers of contractors.

The cheap....Probably one guy with or without a license who works for foo...

Anyone have any thoughts on this?

My 2 favorites I know of:

-PayPal'ing the cash to myself (3% fee). Although they've given me a slap on the wrist for this.

-Amazon WebPay'ing the cash to...

I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...