We have a 70 unit senior building that we have owned for the last 20 years. These are all low income and about 20 have section 8 assistance. Rents are low. I would have to say we have not done a great job managing the...
So here’s what I found, an event hall building for sale. It has plenty of off street parking. Basically it’s about 2500 sq ft rectangle building with a kitchen and his and her restrooms in the middle and 2 large open ...
I'm thinking if selling my Detroit properties and reinvesting somewhere else. I've had nothing but problems with tenants who don't pay and destroy the house. I'm not making money and its become a big headache.
Has a...
When I bought my property 6.5 years ago, I was a total newbie and pretty much did everything wrong. Bought when the market was still high (and interest was at 7.5%) and then shortly after, the bubble burst and my pro...
Hi everyone,My name is Jimmy and I’m a recently new member and Pro member! I’ve been listening to the BP podcast and BP Money podcast for months and reading many of the books recommended on the show. I love learning a...
Hello,
First poster here. I have been studying up on real estate investing for some time now, and I finally am getting serious about taking the plunge. I live in northern Virginia and am interested in purchasing a ...
We just agreed on a price for a 96 unit class C complex. The complex is currently managed poorly with out of town owners and "suspect" management and maintenance personnel.
First, we own and manage 90 units ...
I once heard a defintion of "Financial Freedom" that changed my life. The definition went like this;
"FINANCIAL FREEDOM happens when your wants and your needs are exceeded by your passive income."
Once I heard that...
What is BP’s take on the current market for BRRRR?? I haven’t read too much into the current media but I’ve seen mentions on signs of a crash. Also some states are seeing signs of real estate depreciation (from what I...