So I recently was sent 2 possible duplexes to purchase from an agent I trust. I ran the numbers using the basis Brandon lined out, and the properties comes out to a negative monthly cash flow by about $175 per propert...
Hi everyone,As mentioned before on another post, my husband and I bought a property through Morris Invest back in August 2016. Everything went smoothly, and there were no issues. The only problem that we had was a l...
So I have a few rants that I would like to share. I feel like I can move on after sitting on the BP chair and talk about it.Story 1 - 22 unit complex in Houston TXSo I purchased a 48 unit complex about a year ago for ...
Hi BP Community,I wanted to share my recent interaction (email exchange) with a real estate agent who was advising me to up my offer price to beat the competition.About 20 days ago, I called an agent about a double (1...
Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...
If you're a rehabber, what is the best way to learn how to do tiling? Install cabinets & new flooring? When I quit my 9 to 5, I plan to be hands on!
Just got done reading Wealth Protection Secrets by William Bronchick. The book came highly recommended by REI. Anyway, in the book the author recommends using a Land Trust in conjunction with a LLC. In essence the ...
I recently received about $300,000 in inheritance money and am looking to start buying rental properties. Homes are pretty cheap in my area (Spartanburg, SC), most decent homes are going for around $80,000. My questio...
I'm real close to purchasing this educational package:
http://www.dodeals.com/order/RealEstateREVolutionSystem.php
Who can give me good reasons why I should not? Of course, first hand experiences would be best.
I'...