The fear of Job loss has become real for most Americans. And if you’re falling into the “middle-class trap,” a sudden loss of income could be even more severe. After the recent tech layoffs of 2022 and 2023, businesse...
Think it’s too late for early retirement? Do you feel like just because you’re in your late thirties, forties, or fifties, FIRE doesn’t make sense for you? Well, think again because today’s guest defied the odds by re...
Brant Hampton
6% real estate agent or $300 Flat Fee Transactional Broker?
I am about a week away from finishing a very larger rehab project and want to ask if its worth it to use a traditional listing agent or to go with a flat fee transactional broker? I understand that no matter what I w...
Ryan Stumbo
Is Cash on Cash Return Irrelevant in Arizona?
So, recently I have been trying to branch out and buy real estate in other states. I'm currently working in Arizona so I thought "hmm it's nice out here, I should try to get a property or two while I'm out here." I am...
Josh V.
Cost to replace kitchen faucet?
One of my rental properties in Kansas City is managed by a property manager. My recent monthly owner statement included a $443 charge for replacing a kitchen faucet. Seemed excessive to me so I got a breakdown of th...
Todd Garrison
Rich Dad "Advanced Training" seminars?
Has anyone taken the plunge and attended any of the "Advanced Training" courses put on by the Rich Dad Education company? Last fall I attended a three day seminar put on by Rich Dad Education, but because of the steep...
John Jack R.
Do Little and Try and Make Money or Add Real Value and More Risk?
So about four months ago, my business partner has an inside track with this HUGE DEAL! It was a Spanish client of his, whose husband passed away, after a legal battle with her late spouse's family, she won the right t...
Charlsi Kelley
Encapsulate a crawl space,New ductwork, rotting floor joists…
Hi BP! I am under contract on a property that has numbers potentially good enough for a brrr. We are under contract at 300k and ARV is 430 bast on very similar comps in neighborhood. I had a budget of 30k rehab to do ...
Wes S.
REO Offers Accepted
Please list your REO situation: Who the Bank was, list price, the offers you submitted, any counters and finally the acceptance price.
My goal is to give all of our BP friends a leg up in approaching their next REO...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...