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Recently I had the opportunity to speak with two investors, they are both in their 60’s and both of them have managed to create a great financial freedom for themselves and their families. I was really happy to have t...
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Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
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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...
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I've been thinking what people would do (or rather, what's the best thing to do) when they receive a lump sum of money for whatever reason.
Would you...
1. Pay off your primary residence (90-100%), and invest the re...
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After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...
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Hello BiggerPockets!I stumbled upon the Morris Invest Case Study by @Ian E. and am now inspired to document my current investment with the company. This is kind of a long post, but I hope you stay with me. Clayton Mor...
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How will the actual crisis impact the real estate market in your opinion?
The fact is that , justified or not, the crisis has already hit many businesses including hospitality & tourism, transportation, financial...
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Investing in real estate during a recession makes many people feel like a long-tailed cat in a room full of rocking chairs. For others, it’s an exciting opportunity.
In my 30 years of real estate investing, I’ve see...
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This question is one I pose to anyone who has an opinion on the topic. Obviously we're all here because we like something about the idea of REI and passive income. As the process goes, we find a "good deal" in some ar...
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Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy). Property taxes are already high, but ...