Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
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...
Writing this to encourage, not brag! In 2001, I started flipping and did maybe 25 or so. It was tiresome, while also coaching two basketball teams, and maintaining my sales manager W2 position! I switched jobs in the ...
First of all, I consider myself very smart. I run a very successful company, have always excelled in everything I do (including school), and have even been pretty successful with RE investing & flipping so far (w...
Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
10 months ago I was driving up and down every road in this new town of Iron Mountain MI trying to get a feel for the quality of the neighborhoods and characteristics of the market. I still had a few weeks of college l...
***WHY I AM DOCUMENTING THIS ***Before you read this post I want to explain why I am documenting this deal. I am where I am today because of the selflessness of a few people that had taken time out of their lives to h...
I'm nearing the end of real estate school and will be taking my state exam in mid-July. I've been reading @Scott Trench's book, Set for Life, and I'm bought into the concepts. The problem I'm having is... figuring out...
I want to know what your barriers are. What's stopping you from buying an investment property? -Time-Money-Knowledge-Coach/Mentor-Fear
I am a relatively new but very active newbie to REI. I have purchased my first investment property which I am in the process of flipping right now. I listen to BP Podcast in my car on my commute to and from my 1.5 h...