I would like to get opinions to help me determine my best financial options.I am 59 and last year was forced into retirement and also got divorced.  My settlement was a single family home I purchased for $295,000 in t...

Hi Everyone. I wanted to see what your experience has been with spending a little more on rehab and has that helped to reduce your tenant turnover? Maybe improving kitchen cabinets, countertops and replacing vanities....

This post is a summary of my experience doing an out of state flip with a turn-key flip company. I am posting because there is very little information about this organization online and other potential investors shoul...

Intro…Keeping with the spirit of @J Scott 's  “Diary of a New Construction Project” where we jumped into a HUGE project that we never really had done before, “Tear a house down and build a new one back”. This adventu...

Ok.. so I was able to pull $900k+ worth of HELOCs between 2 of my 5 properties.   I decided to temporarily leverage some of that equity into a property Im flipping (ground-up/new construction) here in Los Angeles.  Th...

BP is great place. The world in general is not. Over the last year I have listened to all the BP podcasts, those guests who succeed are showered with praise and emulation. That's why we are here, we want to be like th...

People love "life hacks." A life hack is a simple strategy/process/tool/trick for improving your life in an unconventional way. For example: So... I am writing a post about "Landord Hacks" - it's the little things tha...

Real Life of a Private Lender - Business Update Week #1Alright BP Nation, as promised, I am giving you guys a peek into what happens in the week of a private lender. By doing this, my hope is that:1. You will understa...

I purchased my Los Angeles (Compton) 4-bedroom home in 2013 for 240K; according to Redfin, it is now worth 686K. 2 years ago the entire house was completely renovated (Insurance claim) due to a burst pipe that caused ...