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Hi, I was hesitant about writing this but want anyone out there that can help. Please give me any tips or advice. I rather sleep peacefully at night. I could use the criticism and just want to not worry every month...
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I’ve got a property under contract, it’s a preforeclosure and I’m trying to wholesale it. This will be my first wholesale deal. The owner lives out of state and his daughter is living in the property (I’m assuming ren...
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I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
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I am ready to begin the process to liberating myself from the 8-5. I have a plan in place and a set of fairly specific criteria in order to get there. Here it is at a glace:* 3k in monthly cash flow = 15 properties at...
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I'm looking for some advice on this nightmare of a property I just purchased. I just purchased my 1st investment property and I decided to go with a Turnkey property from Norada Real Estate Investments, because I real...
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The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
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The basic information for this post has come from the book Aftershock written by David Wiedemer and Robert Wiedemer with the assistance of Cindy Spitzer. These are the same authors that four years ago wrote America's ...
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I'm curious about neighborhoods as it relates to turnkey/ buy, fix, hold purchases. Most of us have preferences for A, B, C, or D neighborhoods when it comes to investing and rule out the others. My hunch though is th...
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Of course, it still has to pass the Senate - and it faces an uphill battle there - but the House of Representatives has voted to abolish Dodd-Frank .What are your thoughts?
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As I've been on my investment journey, my investment goals have changed. Initially I wanted to acquire 20 rentals, but now I believe 10 would be a great number for me. I'd love to hear about the journey and end goal o...