I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.

$110...

I am just finishing renovation of a triplex near a college and am beginning to list it and take tenant applications. College students are the most obvious market. Two college students looked at it today, and decided t...

I would like to hear from sucessful investors who use Dave Ramseys strategies.

I was looking at Grant cordone' s Twitter. He said that something like 68% of wealthy people do cardio 4x a week 26% of poor people do. 90% of wealthy people read 30 minutes  a day. 2% of poor people do.  What other h...

Hi BP Nation,I have always had this argument with folks around me who believe that rent to value ratio is a better metric than ROI for analyzing investment properties. The price-to-rent ratio is the ratio of resident...

I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.

The story is true; which leads...

I've been an electrician in Washington (the real one..) for 10 years, residential, commercial, and industrial. I've learned a ton from BP so this is me trying to give back with knowledge of something I know very well....

Supposedly they have introduced a bill (Not passed yet) to sheild unpaid federal workers from lenders and landlords. What a pain in the ass! This Gov't shutdown is going to affect way more people now. I don't know if ...

Hey BP, I have a 3 unit property in Logan Square, Chicago. I have a PM management company that takes care of it, and in the past 5 years, didn't pay much attention to the numbers. As I started scrutinizing the numbers...