I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
Hi BP, need some help here about a tenant im evicting .. short story she lies about paying rent and constantly late. There is always a major catastrophe in her life. Anyway got a lawyer involved and the decision was s...
I'm currently in the process of refinancing a 2 family house which has two 4 bedroom 3 bath units in it. There are a shortage of multifamily comps in my area and the comps that were used are all 2 bedroom 1 bath two ...
Just a question for other BP members: who all on this board have started their RE business from nothing? That means you had no money and no personal savings to put in to marketing, down payments, etc.Follow-up questi...
I've been noodling on this for a few weeks, and the more I think about it, the more I'm starting to convince myself that large multifamily is one of, if not the most, riskiest asset classes in America right now. Here'...
I want to write the title in quotes because it's not like I had much of a strategy to start with. I bought a duplex and a turn-key SFH at a normal price for houses in the area. Both were conventional loans with 25% ...
After selling rental properties to investors for 20 years, the common denominator why people hate rentals is because they don't like managing the rentals. I always tell investors to spend their time educating, improvi...
Especially @James Hamling , just read a market statistic and its mind blowing.The age of first time home buyer in California is now 49 years old, in 1980 it used to be 32 years old.In TX: 37 years old and FL is 42 ...
View report*This link comes directly from our calculators, based on information input by the member who posted.Greetings Again BP Community,Here's my dilemma. In my valiant quest for a good value add ...
I got out of the stock market in 2009 after taking a $300k loss. Ironically, I had made about the same amount by actually predicting the crash and shorting the market at the top. I thought I could predict the upturn a...