A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly,...
I recently put a small 2/1 row home in an up-and-coming neighborhood under contract. After running into a couple of hurdles in getting the financing underway, I was forced to ask the seller to extend the closing for 2...
Hi fellow BPers. I stumbled across a book that was mentioned in one of the forums here called "The Wealthy Code" and read it cover to cover really liking the ideas, content and the way it was written. The author wrote...
I was at a meetup the other day, and we were discussing the question, "How much should I keep in reserves for each rental property?". So I figured I would post it to hear everyones feedback
My quick and simple answer...
Hello BP Community! A close friend told me to check out the BP podcast. I listened to over 10 episodes on a drive from my home in Columbus, Ohio to Connecticut and back. I've had a desire to get into flipping for...
Tl/dr: we are looking for advice/resources to help "train" our newly inherited tenants to be more financially literate/stable (more context below). Here is what we're looking for: Any programs/courses (either in Georg...
Hi All,I graduated university in 2017 and have been working in a big tech company for two and a half years. Real estate is something I have been learning by myself for the past year. I am trying to avoid paralysis by ...
I'm bad at hiring contractors.
I'm working on fixing that.
Often I tell myself "I could save X number of dollars by doing work myself".
My dayjob translates into about 40/hr, so I figure if I hire...
Hey all,So my wife and I are super excited. We are under contract on a Single Family Home with a legal accessory apartment. We are going to take advantage of this and house hack it. We are currently in our due diligen...
I just recently moved into the historic district of Colorado Springs, and it's so great! I love the character of the area. However, recently whenever I am home, my allergies are making life miserable. Since it is an o...