Hello BP! I have a client that owns a rental home here in San Diego since the 70's she is ready to do a 1031 exchange and will have 400k after sell. She is retirement age and doesn't want to deal with property man...
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First of all, I'm not a rookie, but I behaved like one, and I write this post as more of a cautionary tale rather than an attempt to seek advice. I know I should have done more due diligence, and I know what my optio...
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Hi folks - I'm new to BP and to REI in general and am looking for some advice as I get started. I purchased my SFR back in 2007 (what terrible timing!) in Los Angeles county and plan to continue living here for the ne...
It is my contention that in most circumstances you should not use a real estate agent to buy a single family home, and only in limited circumstances should you use one to sell. This strategy saved me approximately $15...
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Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...
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I know that accountability was one of the biggest factors for me being successful in real estate investing (or any business for that matter), and one way I was able to hold myself accountable was to announce my goals ...
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I want to buy my first rental property but I'm wondering if I should wait until the crash that is supposedly coming. I'm worried that if I buy now, my property will end up being worth half of what I paid after a few y...
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Hey BP! I have an interesting and important dilemma in real estate that I don't feel gets touched on enough. It's something I've been struggling with for years, despite the tremendous success I've had over the last fe...
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Just some feedback on the PB Podcast.Things are really weird right now. Costs of rehabs and new construction are jumping. Risks of inflation are high. CAP rate sucks. There is a backlog of Covid evictions in some ...
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Hi BP Community,This year in June I purchased my first buy and hold property - a duplex. I know that it is important to have cash reserves set aside for unexpected issues that may arise with the property. However, sho...