Fay Chen
To Rent Or To Buy?
Dear BP family, I have a difficult decision to make and would like your opinion.Decision: I'm looking to move to Pasadena, CA in June. Should I buy or should I rent?Background:I love Pasadena! I regretted moving away ...
Tyler W.
Explain it to me like I'm 5: How do you get rich in real estate? Seems like it takes many many years to get positive cash flow.
Please help clear my mind from my skewed point of view of how REI works.My goal is to buy a multiplex apartment building and live in one of the units. So I'm guessing that I'd have to put something like $50,000 down f...
Mooro El
Anatomy of a "Guru"
I have been wholesaling since the beginning of the year, but I am still at the point where I have not closed a deal as yet, and looking forward to the day when I can write a post in the "Success stories" section o...
Gary Ennis
Costs for Furnishing a Vacation Rental Property
Experienced VR owners - I'd love to hear your tips/tricks for furnishing a property in a manner that is cost effective while still appealing to your target guests.We spent way too much (IMO) on furnishing our first VR...
Nicole Heasley Beitenman
Closing some of my credit cards makes sense to me. Am I correct?
Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
Kar Sun
Would you rent to them?
Nice A class property in a great location. Part of HOA. Priced slightly below the market.
Prospective tenants: Completely tatted nurse, her boyfriend who has "his own business making lots of money" and his 3 children...
Mario Fernandez
is buying your first rental property out of state a good idea?
Hi guys. I'm wanting to get started on my first rental property but unfortunately can not afford anything in my back yard (California). was looking into out of state properties around the 80k range (which is the max I...
Gino Barbaro
I Quit My Restaurant to Invest in Apartments Full-time!
I have owned my restaurant for 23 years, and the passion for the business dissolved back in 2008. The economy tanked and I just had my fourth child. I wanted to have more family time and a more flexible work schedul...
Scott Trench
Don't Get Comfortable - Mortgage Rates Could Very Well Rise in 2024
Mortgage rates are about 6.9% right now, and have been trending downwards for 2H 2023.
There's a poll going on in these forums, and most of you believe that mortgage rates will decrease in 2024.
I'm not betting on...
Mike Hendrickson
Squashing the "Wholesaling is illegal/legal" argument!!!
I have read through a lot of forum post about the topic of wholesaling (the latest by @Brittany Witt) and it seems like the argument of wholesaling being legal/illegal could be squashed once and for all by getting you...