To set the stage, my business partner and I sinvested 50/50 on 3 single family homes in Colorado Springs this year at the age of 25 (average purchase price of 230k-240k). He has recently purchased 2 more homes on his ...

Are there any house designers or wannabes here on BP? I'm getting ready to start a couple more homes in my subdivision in South Texas. I have a plan I really like for one of the lots but I want to build on one of my o...

I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...

Hello BP,

One of my renters is becoming more and more of a total thorn. I made a huge mistake giving them my cell phone number too. Texts every night about little small issues. For instance, she texted me tonight as...

After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....

The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative.  It must at least break even a...

My wife and I are planning to get a second vehicle. We've been able to get by with one to save more money. We're planning to buy our first rental property asap and plan to manage it ourselves, at least to start.  I've...

Okay, so this one is a little out there even for me!What on earth could I possibly be talking about?  $3,900 for a real house, not a Barbie doll house right?  Where am I -- Detroit???  (See what I did there Josh, you ...

I was thinking in a long term view.  Take two examples, tell me which you'd buy.House 1:100k house, 5k down, 20k in repairsRents for 2kCash flow is 500/moHouse 2:500k house, 25k down, no repairsRents for 4kCash flow i...