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BP,I am stoked to say I have closed my 10th property in last 7 months. I started looking on BP about a year ago. I was on a business trip to SD and had a lot of drive time. I must have listened to the podcast for 1...
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This is uncharted territory for me. Am I on the right track?Goal: Generate $100k a year net income from rental real estate.Background: Currently own a few SFH’s and a condo from early 90’sI have long term W2 income,...
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I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...
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I've been trying to get heavier into commercial real estate for ~2 years now. To date I have done 2 commercial deals (1 office and 1 medical) but both came from commercial brokers, and in both cases I was competing wi...
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I am very excited that we have a special forum for syndication and fundraising for CRE now. There has been a group on BP for about a year that has grown considerably, but now we will have a forum on the main page.
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The saying goes and it's true, one has to spend money to make money. But when one has no money to invest, how is one supposed to spend it? Another is the definition of insanity is doing the same thing over and over an...
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I don’t expect to change anyone’s mind about Crypto, specifically Bitcoin, nor do I expect this post to be popular or liked by 95% of BP users
I really like the money podcast and I’m listening back and am starting to...
When purchasing real estate as a rental. Most of us will spend a considerable amount of time to insure that it cash flows. Not so many years ago I ran into investors that paid much less attention to cash flow and th...
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Hi all,
It seems to me that everyone I've talked to is waiting for the bubble to burst. Investors, people who are trying to buy their first home or people who want to trade up but can't right now.
If the market drop ...
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...