Hi! Has anyone here purchased from a tax defaulted property auction (in CA specifically, but open to hear about other areas)? would love to hear your experience, how competitive it was, etc? Also what your exit stra...
My girlfriend and I have been saving money for a down payment on our first rental property and had initially been looking at single family properties and multifamily properties in upstate New York. In May 2017 I came ...
I hear a lot about newbies wanting to be mentored and I myself stumbled across an investor who is interested in mentoring me, but my question is why? Besides the goodness of their hearts, why do investors (who must b...
Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
We have been discussing this at my office all day. I don't know much as this point, but here's what I know: "Fannie Mae is tightening the underwriting criteria for second homes and investment properties, the governmen...
Hey BP community,Are there any satisfied buy and hold mobile home investors out there? Why does this niche seem so uninhabited? With $50K cash, we recently purchased and rehabbed 6 mobile homes, five of which are in a...
https://www.seattletimes.com/b...This is an excellent example of how the eviction moratorium hurts the little guy. Immigrants, minorities, women . . . These people are trying to make a better life for themselves in th...