I recently attended the public auction held to sell 20 units in the three MGM Signature towers located just off the Las Vegas strip. The auction was held on April 21st and was attended by about 125 people. All units w...

I just bought a Triplex and am now about to collect rent for October. Last month the renters in unit 1 were late. I bought the building from my father and he said that they are late every month and usually don't pay t...

Hi everyone,
I am having an internal debate. I am 23, and I plan on getting my own place soon. I live in southern California, so renting an apartment isn't the cheapest. I have found a few apartments for anywhere fro...

Basic question about the 2% rule on SFR, which states rent must be 2% of the properties purchase price.

Is the 2% based solely on the purchase price or does it include repairs as well. For instance.

1) Purchase Pric...

Hi everyone!I'm Anthony and I just quit my day job last Friday (yes, I still have great income).After 15+ years in IT, I have decided that there's a better way to create my retirement and I'm now dedicated full time t...

Hey everyone,

I've been lurking here for a while, just absorbing information, but finally decided to take the plunge and actually sign up.

I work full-time as a web developer in DC and hope to use th...

Hi BP!  I have researched turnkey providers on this forum for awhile now and I am aware of the and pros/cons, so I am less looking for the philosophy because I know everyone on BP has an opinion on this.  LOL.  For my...

It is often said “Live where you want, invest where it makes sense”. Many BP members talk about good markets where they invest. But let me ask you this. In your opinion, where is a good place to live, to raise a famil...

I've started looking at what's available in my price range over the past few weeks ($400k-$550k), and currently my main road block is finding reliable brokers/agents. Two didn't even bother to return my calls, while t...

Hi Everyone,I've been listening to the BP podcasts for a few months now and finally decided its time to get active on in the BP community (I think it was show 100 that got me moving). A bit about myself: I grew up in ...