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This will be a continuously updated step by step BRRRR post. I stole this idea from @Lesley Resnick so I first need to give her some credit. I really enjoy reading about her progress and it inspired me to do it as w...
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What is the plan when tenants can’t work and cannot make rent payments? It has already started for me.
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A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
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Hello,Looking for some advice here. I am not sure what to do. I live in one side of a duplex and renting out the other side. There is a shared laundry room. My current tenants have paid on time every month, and every ...
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Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
The thought of buying cash flowing rental properties interests me. However, I'm from Long Island, NY and cash-flowing deals are very hard to find. I'm considering purchasing out of state but don't know which markets I...
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I found this today about a proposed meltdown:
The Day The Dollar Died
I thought some of our resident Tea Partiers would enjoy it. Most entertaining!
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I have been an agent for 9 months and have been networking and trying to close my first deal with home buyers and sellers but I don't really feel it and I really am more interested working with investors instead. I am...