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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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Hello everyone,I was wondering if any of you would mind sharing a bit on how you first began,and give a brief description of what you had to start with and how you scaled to where you are now.Thanks!
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My family is growing and as we grow in size we also grow tired of the mundane life of the plains. There is a lot to appreciate other than natural beauty, but as native Natural Staters we love us some outdoors. Parti...
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So I have this "friend"...A buddy had invited me to an invitation only meeting. It was a very motivational gathering that left me wanting more. I like to consider myself a receptive type person but ------- this doesn'...
Originally Posted by John ChapmanPOSTER Investor Dallas, TX
"This is a kind embarrassing/bizarre story, but I figured I'd share it since everyone and there brother is getting into wholesaling. Basically, I was app...
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Hello BP,I bought my first rental property in early 2022, an out of state (KCMO) SFH. I bought from a turnkey company that is endorsed by BP. The home was not "turnkey" per say, but was sold by another investor throug...
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Sorry for such a long post, but I'm semi-obsessed with this potential deal. I've been wanting to buy one of these brand new, all-brick duplexes for some time now. I tried to further break it down. All advice and...
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It’s Quite often ive seen and spoke with countless Accredited and Sophisticated investors. And they all seem to be the same. “You have to have skin in the game.” “You have to have money.” “ Why would i waste my time o...
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So I have a rental that is currently on the market in the A+ neighborhood in San Francisco.. When I posted the listing on Zillow 13 days ago, the Zillow calculated rent is $4600, and that became $4300 today...Also, fo...
Hello BP!!!! I have waiting for this day and it has finally come. I have got my first wholesale deal underway and I have got a house under contract!! I am excited but anxious at the same time as I do not know where to...