Hey BP,I want out of my full time job at IBM. I'm sick of it. I know, I know. Working a job (even if you don't "like" it) is a part of "growing up". Working this job is one of the most unfulfilling things I've ever do...
I had a potential tenant contact me and ask if I accept felons. I have read that it's illegal (discrimination) to flat out say "no felons" so I asked what the crime was. He said "sex offender, 16 years ago when I wa...
So here is the situation everyone...My wife and I bought a condo back when the market was sky high at 439,000. It went as low as 300,000. It's now around 410,000 and we owe 415,000. Our monthly mortgage is about 19...
Hi everyone,BP newbie and first post in the forums. I live in Orange County, CA and am looking to buy my first buy-and-hold rental property. I've been looking outside of Southern California as I have not been able to ...
Friends, I've been wanting to buy a rental investment in any of the following states: IL, IN, GA, MI but im getting cold feet. Everyone is telling me to wait for a correction. Your thoughts please
Not edited, expect from typos. Enjoy. David GreeneHard to save 30 to 40k each house so he started to BRRRRInstead of 2-3 houses a year, he was doing about 10. He thinks BRRR plus out of state works wonders. Learn whil...
Hey BP,Thanks for taking the time to read. Newbie here with only two properties, primary and one accidental rental. Just got off the phone with an owner looking to sell his mothers place. Knowing she was moving ...
Seems impossible to get 1% in booming cities like NY, Boston and San Francisco... in Boston you are lucky now to get 1/2%. Maybe with development you can get 3/4% but its hard. I often think about the places that get...
So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
Please excuse me for a moment, but Milwaukee is driving me absolutely nuts. I don't understand how you investors make it work here. The properties are in junk condition, your property taxes are absolutely out of contr...