Howdy! This might not be the proper location for my question but the people I look up to most tread this section. I recently read in Malcolm Gladwell's book "The Tipping Point" (pg72) that "what separates a great sal...
If you are just starting out I suggest you don't fall into the cash flow trap. What is the cash flow trap? It starts with a picture of a guy with abs on a beach sipping a light beer next to a beautiful woman. Then a...
I always hear this figure and wonder to myself how come? Is it because people are scared or is it because the people who are trying to get into investing have a hard time figuring out what information is correct and w...
For those that saw my first BP post yesterday asking if you would allow chickens, and if so, what you would charge for a deposit...I met said applicant today. When I informed her that there would be strict guidelines ...
The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
This is a very basic question. I have never purchased a home before so I am not sure of the standard procedures or proper protocols. On a flip property for example, once you have an offer accepted do you then coord...
Hi bp. Putting an offer in on a property that may be getting multiple offers. My agent wants to waive inspection contingency. This is my first time buying a property and going through these Steps. Is this common? Is t...
Hello all!After two months of thorough research, my wife and I decided to take the leap into using Fund & Grow to fund our first rental property investment. We decided to use Fund & Grow (F&G) over other s...
My offer was accepted on a 14 unit apartment. I knew it needed new windows and was built in 1950. In the purchase agreement forms we signed, he wrote NONE in the disclosures. He showed the best (only good ones) 3 u...
Hey guys. My wife and I have been married for 1 year. My wife is someone who takes convincing to take on risks and I understand her concern since my tendency is to pursue things feet first and go after it. She is okay...