My wife and I have three houses that we rent out. This journey started about 10 years ago. We have 15-year mortgages on these. The houses are worth about $800K (TX). We are very happy with how these houses appreciated...
Alright...I am going to post what happens every week in my real estate business. Why? So you will learn from my mistakes as well as get inspired by my successes. I also hope by doing this, BP Nation will help me ac...
There are so many people and companies out there who claim to be wholesalers and many more newbies who claim to want to start out in wholesaling as a means to get started in the biz.
Let me tell you about a recent ex...
Hi EveryoneAfter reading through many excellent posts, include the "Diary of a New Construction Project" by @J Scott and @Joshua Dorkin, I thought I might add our voice here on BP. I am proposing to track the entire l...
It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...
I have 15 rentals in Colorado that I have bought over the last five years. Most of the houses I purchased from $80k to $130k, made repairs and rented for $1,200 to $1,600 a month. I looked at my last couple of purchas...
Hello, I am doing my first new construction and at first I was very confident, but no, not so much. A lot of my flips took longer than anticipated which resulted in me having to find money for the closing.I did! but ...
I intend to borrow money from segregated rental income accounts that I have established for multiple parcels of apparently abandoned real estate that I control, but do not own. Does anyone know, of a law (State or Fe...
Hello BP! I have a question for the group and was hoping to generate a discussion around this topic. Disclaimer – I am an instructor pilot in the Navy and not a real estate professional – so take everything with a gra...
Real estate is harder than it's been in more than a decade -- we all know this. High prices + high mortgage rates + low inventory is making this a challenge. So my question is -- in an era where you can get a 5% CoCR...