Account Closed
Landlords... Stop being so hard on your tenants
I've been reading through the forums here and I've read a lot of posts about how the tenants should have the money saved up to pay rent in an emergency, and if not they should use a credit card or the money in their r...
Bryan Hancock
Structuring "Bubbles" For Seller Financed Notes
I was wondering if any on here have successfully used bubbles for structuring seller financed notes. The concept is to get a small balloon payment for less than the full amount of what is owed on the note to meet the...
Robin Searle
Movement to ban STR's
I've been trying to follow what is happening on the STR front nationwide and would love to hear from BP members about what's happening in your particular city/location as far as restrictions? When we bought our prope...
Kyle Robertson
I need to hear “I quit my job!” stories, please!
Hey y’all. I’m standing on the edge of the cliff of quitting my W2 job and I’m wondering if I can fly. I’m at a point now that many have been in before. I’ve been miserable for years in my career. Instead of letti...
Tom R.
Do any of you play the lottery?
I stopped playing the lottery a long time ago. Even then I only played the large jackpots. I'm finding myself tempted again. There are two huge jackpots right now totaling 2.6 billion dollars combined. If I won eith...
Forrest Faulconer
Investment properties are great, but let's get PERSONAL.
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...
Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
Nat C.
Fourplex crisis
This is the worst property situation I've had to date. I'm overwhelmed and not sure what to do. Any helpful advice would be appreciated. I bought this fourplex in December 2013. On Sunday a tenant reported sewerage ba...
Shiloh Lundahl
Millionaire - RICH or Middle Class?
I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
Steve K.
Due On Sale Clause About to Become More Common?
We haven't seen that many due on sale clauses being enforced by lenders over the past decade or so. At the same time, we're seeing some gurus selling strategies like subto as if there is no risk of triggering a DOSC. ...