Account Closed
Teaching my kid to fish
Im sure you heard the chinese proverb: You give a poor man a fish and you feed him for a day. You teach him to fish and you give him an occupation that will feed him for a lifetime.I have a 13 year old and an 11 year ...
Troy Sheets
Who's using IKEA cabinets? Talk me out of using them!
So we're a few flips in now and we've only used IKEA cabinets with the soft close hinges. They look good and work well but our contractors hate them due to the assembly time. We're probably getting dinged by the contr...
Marcos Carbi
Invest now or wait for recession?
Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...
Cassidy Burns
2 Tenants in a Quadplex Joining Alliances: How would you handle??
HI BP,I've run into a little problem with 2 adopted tenants from an existing owner. The first 8 months they were great, paid on time, no issues, etc. As of the last 3 months they have been a nightmare. One has defi...
Dan Gheesling
Detroit - What are your thoughts / questions / fears about investing in the City of Detroit?
When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...
Kimberly Carver
HVAC disaster - advice needed!
Hi all -We have been landlords for 5 years with very few issues. Everything that has come up we have been able to fix within a day. We take great pride in our homes. I am sick to my stomach with an issue we have been ...
Shimeka Williams
Biggest Frustration with Real Estate Agents
What's your biggest frustration when it comes to working with real estate agents?
Jack B.
Can I retire like this? (3.2 million net worth)
Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
Andrew Herrig
First Direct Mail Campaign - Keep Me Accountable!
I am starting my first direct mail campaign and figured I would post my plans and how things are going as time passes to help keep me accountable. Give me your thoughts, questions, and suggestions!
The Plan:
...
Uzma Abdullah
What would you do with $500k? Buy your own house or invest?
Hello BP family - my husband and I are looking for some advice on whether we should buy our own home in Southern California (specifically Orange County) or whether we keep paying rent and invest out of state to build ...