How would you invest one million dollars if it was given to you free? Why would you invest that way?
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Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...
One of my friends who has had to listen to my incessant ranting about REI had a question for me the other day, and I felt sheepish that I had no idea how to answer him. My plans are largely centered around SFH buy and...
Hey BP, I think I might have just had the craziest idea ever, and I need somebody to smack some sense into me and tell me it isn’t possible. But if it is possible, then it would be amazing.
So not too long ago I p...
Hey Everyone!I'm looking at short term financing options for a BRRR deal in New Bedford, Massachusetts. I cam across Finance of America Commercial and spoke with a representative who sent me over an application packet...
I purchased a fixer duplex with tenants who pay $695/mo ea. Market is $1300/mo. in that Portland neighborhood. Their rent hasn't been raised since they moved in in 2012, and the units are in varying states of disrepa...
As many of us are aware, millennials are more apt to renting rather than buying real estate. They (we?) are replacing baby boomers at a rapid rate, and are right behind Generation Z... Of course, Generation Z still ha...
Ok. Here we go. I win the dummy award of the year but I need some help to see how I can mitigate my damage now that I'm in the bind I'm in.1) Bought a townhome, fixed it up and put a renter in it. Small town. Small ho...
I’ve been doing a lot of research lately and I wanted to share with you guys what I have found about the correlation between unemployment, delinquencies and housing prices. During the 2008 housing crisis the housing ...
According to the classic Rich Dad Poor Dad, Robert Kiyosaki says your home is not an asset. This makes sense considering your home is not making you money but demanding repayment from the get-go. Appreciation is no gu...