I sold my duplex and I’m sitting on a pile of cash. Moving forward I will implement the BRRRR strategy to get up to 10 properties, recycling as much capital as possible. I’m excited to move forward in my REI career, b...
Hi bp. Putting an offer in on a property that may be getting multiple offers. My agent wants to waive inspection contingency. This is my first time buying a property and going through these Steps. Is this common? Is t...
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
I bought 2 triplexes in blue collar areas. I am very good landlord, I always fix things on time. I'll do extra stuff - for example last week it came down to repair the fridge or buying a new one. I went with buying a ...
I'm only a couple weeks into researching real estate. Well, I actually own a home and rent it, but that is besides the point. I'm just trying recover an unwise past investment. Hopefully my current refinancing goes th...
I personally try to alternate between real estate/business books and then something more "entertaining" like a fictional novel or biography. I'm down to my last few books on the shelf and am looking for fresh ideas fo...
I’m just starting out. I’ve been reading like crazy, analyzing deals CONSTANTLY, driving neighborhoods, talking with my real estate agent, meeting with investors currently in my market (and other markets).But when I t...
Many opportunities in the Metro Detroit area where you can buy a house for pennies on the dollar. Cheapest in the nation. What are your thoughts ?
I'm looking for opinions on if I should sell my rentals. I have 5 single family homes and I hate them. They are under quasi-management (long story) and largely I don't have to babysit them, but every notice of an issu...
Okay, so I got a property under contract, the numbers are phenomenal, and I just got it under contract like not even 8 hours ago. I've been contacted by a cash buyer who wants to pay cash, and close quickly. However, ...