Joe S.
Anybody take a a year break/ retire
So anyone ever just sit on the sidelines a catch their breath a year??So technically, I do not have to buy another house in order to pay my bills. As with most things people their desire to have a higher income increa...
Omar Merced
Just bought a 18 unit for $12,581.36 in Ohio
Well sort of. I have to pay back taxes of $20k and about $1k in back water. And, yes it needs a full rehab but if I did my numbers right after all is said and done I'll be sitting pretty. I close this week so once I d...
Account Closed
How to have "The Talk" with inherited tenants
I purchased a fixer duplex with tenants who pay $695/mo ea. Market is $1300/mo. in that Portland neighborhood. Their rent hasn't been raised since they moved in in 2012, and the units are in varying states of disrepa...
Paul Winka
Where to relocate in USA for flipping? Leaving military...
Hi all,WHERE SHOULD I LOCATE MYSELF IN THE USA TO BEST TAKE ADVANTAGE OF FINDING AND BEING NEAR FLIPPING DEALS?That’s the big question I have. It’s quite a serious question too, because I very well may decide where to...
Kent McDaniel
I own my home outright...asset or liability?
I have been reading “Rich Dad Poor Dad” for the first time and I have to say...mind blown. I always saw my dad as very financially responsible, coming from a very poor upbringing and making a comfortable life for our ...
Account Closed
WSJ article on impending CRE bubble
Not really treading any new ground here, but interesting read in the WSJ this morning. http://www.wsj.com/articles/surge-in-commercial-re...We've got a number of clients active in South Florida (Miami) and they (and ...
Marcus Auerbach
6.8% Inflation - where is this going?
For the longest time people have predicting inflation, now we are at 6.8% in November after I thing 6.2% in October. The FED said this is going to be short term, but I have a feeling it's going to stay with us and lea...
Carly Christiansen
Rent To Retirement Experiences
Hi there!My husband and I are closing on the sale of a rental property in a VERY overpriced market. It is very difficult to cash flow on buy and hold here. And, as much as we would love to make real estate investing...
Account Closed
San Francisco/Bay Area Strategies
So I've been on BP for a few months and always follow the discussions in out-of-state markets that I'm interested in. The story is always the same with people from the Bay Area, Socal, NY, or any other large market t...
Justin Westmoreland
Average Profit per flip
I'm wondering what is the average profit per flip. I attended a RE seminar and the guy teaching the class was saying he won't do a flip unless he makes $50k profit minimum. Which sounds amazing if that is true. I'm lo...