I was told the other day that after doing something for 10,000 hours you are an expert in that field. That had me doing the math. How many hours have I put into my real estate investing career? If a normal person work...
My son is a senior in high school. His post high school plans the last couple of years was to get his real estate agent license, with the ultimate goal of investing. Those two things remain the same. Now he is in a po...
Hello! First post for long time forum reader. Had a succesful investment with College friend 10 years ago and now we are cashing out and going our separate ways. The property is in Texas and has been handled by the...
Hi all,Since I was featured on Podcast 238 about a year ago, I have talked to many BP Nation Members asking me if they should buy this deal or that deal. Here is a simple way to determine if a deal a broker is sendin...
We purchased a triplex about a month ago. We will be owner occupants and have been slowly moving in. I took the time to engage as many of my surrounding neighbors as I could and exchanged info and phone numbers with t...
Spring of 2010.We (my father and I) purchased a home in the Inland Empire of Southern California. It was a brand new 3Bed 2Ba SFH that was listed at an unbelievably low price. A little backstory on this property; this...
In the book How To Invest In Real Estate, the author claims that a property that doesn't meet the 1% rule will never be cashflow positive.Here is a proof against it. Buy a property for 500K cash, rent out for 2.5K, su...
Hello BP!
Here is my frank 2 cents! I recently closed on my 1st out of state property and in the currently in the process of closing on a 2nd one after learning about turnkey rentals and coming across rent to retirem...
Hello all! I’m an aspiring investor, and I’m living in Los Angeles so investing local is basically out of the question. Even a house hack is super tough in the city now. If I find one of course I’ll jump on it but any...
Athe end of the year, I'm quitting my job and booking a 1-way ticket overseas. I'm going to try to freelance and make some money while traveling to make this as sustainable as possible for a long period of time (proba...