So, as a budding house hacker I wanted to ask my friends on BP:What tools come in most handy to a novice landlord? What should I add to my list?HammerTape measurePower drillHacksawSanderScrew driversAllen wrenchesChan...
Hey all, I am new to long-distance real estate investing and probably did everything wrong on my first investment property. I bought a 3 Bedroom SFH in Cahokia Heights, IL on April 2024 and it is STILL NOT RENTED TODA...
If you are just starting out I suggest you don't fall into the cash flow trap. What is the cash flow trap? It starts with a picture of a guy with abs on a beach sipping a light beer next to a beautiful woman. Then a...
Hello, everyone! I have been reading like a mad man, and I feel like I have a pretty solid understanding of financing, renting, selling, controlling the properties you buy and a variety of other techniques and investm...
What is Preconstruction Investing?
In this post I’m going to show you what preconstruction investing is, and what it isn’t. It’s easily confused with other types of property sales (like timeshares, for example).
I...
I have never been a big fan of 401k and retirement accounts in general that are invested in mutual funds. I have always thought of it as a "life deferral plan", you put money in, that is money that is lost from your l...
Hey everyone I just wanted to have a brief discussion about which is the best way to start out in real estate my goal for the long run is to have several properties and be able to cashflow from them . I would really l...
Hello,
Who here does not follow the 50% rule when analyzing/purchasing a property for long term hold? There are a few reasons I can see someone not using it i.e. they are relying on appreciation (not my cup of tea), ...