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I am new to RE discussions nad the BP community. I just noticed people here are VERY open to helping and giving advice/guidance. For some reason... I feel these are red flags, but maybe am wrong. I come from the onli...
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Just thought I would provide an account of my journey since I started investing in US property market in 2011 and more recently Detroit. Perhaps this can provide some inspiration/feedback for any wannabe foreign inves...
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Just got done reading Wealth Protection Secrets by William Bronchick. The book came highly recommended by REI. Anyway, in the book the author recommends using a Land Trust in conjunction with a LLC. In essence the ...
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Hi BP, when I open any forum or social media the hot topic is upcoming housing market crash. But I don't understand what does "CRASH" means in real state. Is it like stock that will go down 30-50%? Looking at the hist...
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There are obvious benefits to acquiring properties that have permitted work, but I want to see if anyone can explain why some folks allow unpermitted work. My curiosity includes how timeframes are affected, the listin...
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Hi EveryoneAfter reading through many excellent posts, include the "Diary of a New Construction Project" by @J Scott and @Joshua Dorkin, I thought I might add our voice here on BP. I am proposing to track the entire l...
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Hey Guys,The name of the game has always been leverage for me. Building wealth can absolutely be accomplished by using credit, OPM, etc. Every now and then, I come across that investor who buys his properties all cash...
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We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...
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Hi everyone! I recently finished my first rehab for a flip and put it on the market! A few bumps along the way but overall happy with the process. The house looks GREAT.It just crossed 30 days on the market so far. Ha...