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Hi there fellow investors!We've done our first turnkey purchase with Morris Invest in Indianapolis about 6 month ago. A house in a C neighborhood near downtown, for about 50k. For this price the house was supposed  to...

Hello BP, my wife and I recently bought our first rental (a Duplex in Sacramento) We inherited tenants on both sides. They have both been long term renters at this property, and after inspections they both seem to tak...

A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...

I just ran into some unfortunate times in my investing career. I recently attempted a rehab and flip project and had to sell it for a loss before completion due to the two family home that I live in as well the tenant...

Here is brief story about my first flip.  My name is Dakota Coburn and I decided a few years ago that becoming a real estate investor was the right career path.  I spent 12 month researching, reading, analyzing, going...

I am about to close on a single fam home in north Austin that I plan to rent. I have found a good property manager as I live out of state. In reviewing the agreement I see that the PM will charge the 8% which is reaso...

Hi BP members,I am looking to invest in a SFH that cost about $400,000.  With 20% down the property will negative cash flow $500/mo.  It breaks even @40% down.  One lender advised me it's better to negative cash flow ...

Saw this article on MSN Money today: The answer to this question will tell you if you're wealthy.  ---------------------------------------------------------------------------------------------Excerpt from the article:...

My inspiration for real estate investing came from reading Rich Dad Poor Dad. I was so intrigued and held captive by every word in the book that I read it in less than 24 hrs. (It would've took less time if i locked m...