Hey BP - My wife and I started investing in real estate a little over two years ago. We currently have 4 SFRs in our portfolio. We both have good careers in sales (not real estate), with a combined 27 years of earnin...
There have been some threads recently talking about working hard, spending less than you earn, etc. so I thought that there would be a thread on the subject book. I couldn't find one so I thought it would be a good i...
I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
I've got 5 units (Duplex & Triplex) that I've owned for 4-5 years now. currently cash flowing $1500 total.
Since I'm really busy with my job, I've been strongly considering paying off each one aggressively, whic...
Like many other real estate investor, I seek to buy and hold real estate, and enjoy the cash flow and any possible appreciation. However, since my target properties are lower end properties that often requires rehab...
I read a post that said “Real Estate is 95% Mindset & 5% Real Estate” it’s seems to be true because some days I can work on finding a deal for about 4-5 hours and there’s other when I can’t even do it for 30 mins....
Hello BP Friends - Not sure where to post this, and looking for feedback. We are a couple of newbies ages 50 and 54, residing in NYC, and have been advised by an experienced investor (from BP) that we're too old to be...
If I was retiring with 5 million dollars in the bank, and I could only invest all my money into either stocks or a real estate portfolio, I fail to see how one would decide to invest the money into real estate. The S&...
I just finished reading one of the most incredible and shocking articles for the real estate investing industry. It is about a "professional tenant" (read: dirtbag) who may just be the worst there is.
If you are a c...
This was a convo my family had around the dinner table last night as some are leasing and some are buying their car. I was wondering what the BP community thought about leasing a car. Lets make the assumption that you...