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Hi All! I’m new to BP forums and have been studying and reading about real estate for a few years. I love the BP podcast and have set a FIRE goal for 5-7 years from now (I’m 38).I am currently failing to launch and I ...
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I have a goal of reaching financial freedom within the next 10 years by accumulating rental properties for passive income. While it seems logical to start gathering those rental properties to work towards my goal, I h...
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Hi All,I own a condo (rental property) in Santa Monica I bought for $270k (currently owe $240k). My neighbor, whose unit mimic’s mine, sold recently for $490k. I am looking to take the next step in real estate inves...
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I have posted about this issue before and got some assistance on the matter but ran into another snag. A brief synopsisParents and I purchased a house together in 2011 and put into an LLC which we were supposed to be ...
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Hello everyone,My grandfather passed away about 3 years ago and my parents took over his triplex that has a VA loan on it. My parents names are also on the title from when he bought it, but the mortgage only has my gr...
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How are small storage units profitable? One near a small 4 unit apartment I just bought has less than 50 units. They rent from $30 to $60 a month. About 20% have double locks, which I am guessing means they did not...
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What do you guys think of that mentality? There's 2 places I looked at in states of disrepair that when I played with the numbers, looked good to me. One was sitting for 2 years, one was sitting for 6 years. There mus...
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Hello BP I would like to buy a property, but I don’t have the income to qualify for the mortgage. What I want to do is have a partner get the mortgage in their name personally guaranteeing the loan and I will give the...
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Hi All,I am a new investor currently living in West Los Angeles area. Since graduating from college in the midwest, I have been working professionally for a handful of years now as an engineer. I've read the books and...
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Greetings everyone,I closed on my first property (tenanted) on 2/18/2016. I'm both excited and nervous. I'm excited at the prospect of building wealth through real estate. I'm a little nervous about the risk. The inve...