Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...
In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...
I'd like to talk about this topic with everybody because I feel its a legitimate problem. WIth a recession upon us we know the housing boom was part of it. Including the fact that some entire housing developments were...
Everyone is asking how to get into RE. I want to know - how to get out? It was fun while it lasted, but I'm kinda done...Any ideas?I've had oil on my mind lately, and Serge is no freaking help. Should I maybe buy s...
Looking to make my first offer on a multi. This is an 8 unit, C-D class, concrete block in Florida. Half the tenants are section 8. Five tenants have been there for 10 or more years. One tenant has been there for 23. ...
Who's your favorite fake guru?
Oh my... this is not an easy question - so many to chose from. From the fake lifestyles, the rented yachts, private jets, Lamborghini's/ Ferrari's, and most of all the fake success. One...
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
I'm doing research on asset protection. Now another post started on here specifically talks about Anderson Business Advisors out of Nevada and another state (can't remember off the top of my head). They are the comp...
We are getting a lot of new members - many of which haven't uploaded pics yet, meaning post after post of stock icons! PLEASE, take a minute and upload your pic - If you just don't want your personal pic online for...
So, let me just say, this market is nuts! My boyfriend and I have been actively searching for properties and submitting offers and we don't get picked. Our realtor who also invests in real estate has helped us submit ...