If you were just starting out and had $150,000 to invest in real estate where would you begin? ( This is me! I would like to have at least $4000 a month in income by the end of the year.)
Hi,I came into contact with an Atlanta rehab/investor named Andy on BP in Feb or Mar of this year (2014). He had a house for sale in Altanta that needed some major rehab work (about $15k). The house was not in a great...
Many say grit and persistence keeps us going. @Engelo Rumora reminds us to be willing to keep going when you don't think you can keep going any longer. And I've learned that its about the relationships that you build...
I was once a buy and hold investor. Then one day, my light was turned off by the power company, in the house I lived in.How could that happen? I had 40 houses, but I was always robbing Peter to pay Paul. Edison, the p...
Tim asked in another thread that I start a new thread on this topic, and while I don't see much value in discussion religion on an Internet forum, I'll at least continue this discussion from the other thread with a re...
Hi BP family, would anyone have recommendations on the best way to find offmarket syndication opportunities with GPs/operators that have great track records? I'm avoiding deals provided through platforms like FundRise...
I've been an electrician in Washington (the real one..) for 10 years, residential, commercial, and industrial. I've learned a ton from BP so this is me trying to give back with knowledge of something I know very well....
I was introduced to a program called “Freedom Mentors,” by a friend, where you pay $15-25k to be coached on investing and you have to split earnings 50/50 up to your first 500k and then you’re out of the program and o...
Hi everyone,I'm a mid-twenties engineer out of the SF Bay Area.I've been lurking the site for a few months as I've mulled the "Real Estate Option" - we're getting to that phase of the boom-bust cycle that I'm just not...
I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...