Hey everyone! I'm a 20 year old from the Buffalo, New York area who is looking to break into real estate. I currently make just over six figures annually with my only expenses being a car and (soon to be paid off) stu...
Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
I have been checking into this idea - find vacant land, determine it's general suitability, find developer and sign the option to lease. I found there's not too much people talking about this idea here so I want to op...
Heard about this on Pace Morby's Youtube channel - it's a zero down creative strategy that works when 1) the seller is open to seller finance, but 2) needs a sizeable DP for various reasons (i.e., pay off their existi...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
I am looking to get into the turnkey market, and after spending a lot of time looking at different turnkey providers, I decided to call Memphis Invest with a list of questions. I read a lot of good things about the co...
Hi, I want to get into real estate but don't know how and where. I have a remote job living in Austin and $120K cash and $20K on my employer 401k. If you were me, what would you do? My goal is to work for myself and s...
Hi BP community,It’s taken awhile to get my financial planner to understand what I’m doing with Real Estate Investing. I interviewed a new one from a well regarded independent boutique firm and again he didn’t quite g...
Hello,I won two properties on auction.comBoth have judgements on them as per the preliminary title report and doing my due diligence I found at clerks office.Property 1) 8k lien from credit cardProperty 2) 2k and anot...