I currently manage 8 rental properties in Grand Rapids, MI and all of my tenants habitually pay on time except one. I've had her as a tenant for 9 months now and she has only paid on time twice. Her credit wasn't terr...
Hi Everyone,One of the key parts of investing is obviously finding the financing for the deals after you find it. It can be one of the easiest parts but you need to know what to look for. So many investors will tell n...
Brandon provides excellent advice in his video “Are Your Tenants Unable To Pay Rent Due To Coronavirus? Here's What To Do!” https://www.youtube.com/watch?v=1CLa0UJCn3w
In particular, his Emergency Rent Deferral Plan ...
Investors, I am in the process of building my portfolio. I have 2 cashflowing SFHs and I'm working on #3. I watched my sister build a portfolio beginning with a single house hack in 1994. She added 1 or 2 additiona...
I always see cheap houses for sale in my market and they are complete rat holes and the realtor always says “great investment property” well my question is do the best investments always come from rehab? Wouldn’t it b...
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Hi Guys,
Firstly let me say Thankyou for the opertunity to get these questions answered by the best of the best.
I'm a 20 year old wannabe millionaire who's really struggling in life and in need of some real estate ...
I came to BP to learn how to buy multifamily property at a discount to either fix and flip (a la Nickerson) or hold for cash flow.
Obviously, BP is a vast, deep resource of knowledge and I have since been introduced t...
Here's my challenge for this week to all new (and experienced) investors:
GO MAKE AN OFFER!
Taking action is the single biggest thing anyone can do to make progress on their goals. So, for all you n...