Hi everyone. I'm new to BP and new to REI in general. I'm looking to do my first deal and currently have an offer in a 6-unit multi-family house. Seller asking $140k with gross profit of $31k and net with $19k(w/o dep...

Thanks to everyone involved at BP. Especially @Joshua Dorkin (I miss you on the podcast) and @Brandon Turner. I have been working to get involved in real estate for the last 8 years. I listened to every podcast at lea...

Holy cow. This is just one of those scenarios that I think only fellow BP members could truly appreciate the nonsense. And it was something that I'm absolutely on fire about. It was either vent here or lose my mind.  ...

Almost everyone has read RDPD book. Does anyone have any info or experience with their coaching program?What exactly is involved in coaching, how do they help and what are the prices? 

Hey everyone,What a way to start my introduction to this community, but currently I feel terrible. I'm near 30, and feel like I made mistake after mistake in life. I'm working a job I could've had out of High School t...

I have my sights set on a Hubzu listed property.  They started the bid at 208k and with no other bidders, I bid to 210k at the last minute.  The reserve had not been met, and they Emailed the following day with a coun...

A sign of the times. Zillow is adding climate risk scores powered by First Street for every for-sale listing on its platform.
Another Zillow survey published in September 2023 found that 83% of home shoppers conside...

Why would the price have not been negotiated up $2.00 to $754,500 or down $98.00 to $754,400, a round number?   Do you know how much chaos and extra time and effort throughout the loan process correcting the sales pri...

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 hope I'm doing this correctly. Thank you in advance.

3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235

Using the 2% rule, I would need ...