Hey everyone,Each year I make a list personal goals and work to make sure I hold myself accountable. Many of these goals are private to me and my wife but a couple of them are relevant to the BP community. 1) I plan...
My wife and I have three houses that we rent out. This journey started about 10 years ago. We have 15-year mortgages on these. The houses are worth about $800K (TX). We are very happy with how these houses appreciated...
Hey everyone,I am 20-years old at Temple University with 3 semesters left before I graduate. I recently decided to switch from studying/working in the IT industry to Real Estate. I have worked in a property management...
What do you all think about Joe Biden's tax plan and the elimination of the 1031 exchange?Moderator Note: This post turned into a political discussion, which is not allowed per our rules. This thread has been locked. ...
I have been renting a house for the past 7 years in LA and now sadly the family wants to move back in. I figured it's time to buy my own place, especially with rents so high, but timing couldn't be worse. Every home h...
First of all, I really do appreciate all the helpful guides and discussions on here to help educate a new REI such as myself.We can all invision the statement "It is better to purchase 5 properties at 20% down, and fi...
So we've spent the last 7 months looking at deals daily. We have run the calculator on this site to the point I don't even need to think to put in the numbers...but literally nothing has panned out. 5 cities, 600+ p...
Hey all, I'm a 37 year old with a successful 15-year advertising career making six-figures. My largest frustration is that my salary is beginning to cap at low six-figures and the % of people making huge amounts of m...
So here's my challenge. I want to start investing in RE but my wife isn't so thrilled. She says I can have $10K to start out with. If I can make some money using that she says I can have more. (Guess who pays the ...
My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...