This is my first post on the BP Forum and I am fairly certain before the ink drys most members already know the answer. But with over 20 years behind my belt in Real Estate Investing and Flipping the question is still...
I purchased a condo in August, 2019, which was occupied by a tenant. After the Closing the leasing agreement got forwarded to me and I became the new landlord. Tenant struggled to pay rent on time but still paid rent ...
How are my fellow WA state landlords handling any non-paying tenants right now? I have one four plex in Tacoma. And one tenant in that four plex not paying, so it could be worse. The only downside right now is that...
BackgroundIn 2010 I bought a bank owned 3 bed 2.5 bath single family property using an FHA loan which required a 5% down payment. The purchase price was $73K so this equated to approximately $3,700 out of pocket. Dur...
Hey everyone,
As 2024 comes to a close, I wanted to share my experience managing a 3-flat in the Ravenswood neighborhood of Chicago during my first year as a landlord. It’s been a wild ride—full of challenges, lesson...
What Could Possibly Go Wrong? A Cautionary Tale for Newbies and Not-So-NewbiesThis post is intended to share some observations gained from more than a decade as a real estate investor, and to offer some words of cauti...
Alright so full disclosure first - I have always been very apprehensive to follow anybody who promotes a "get rich easy" style of real estate investing, specifically those that say beginners should be doing subject-to...
With Thanksgiving arriving next week, we all need to take some time off and enjoy our families during the holidays. Also we need to contemplate exactly what we are thankful for.
I am Thankful for my wife who after I...
This month will probably go down in my real estate investing career as one of the craziest month ever. It's crazy in terms of the "hustle" I did, because the volume and number of deals I am doing now are bigger than b...
I am happy to share that I have purchased my first real estate investment!I had been researching and investing in REI programs for quite some time. I knew I had enough information to get started, but my fears were hol...