![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/126024/small_1621418055-avatar-grmccror.jpg?twic=v1/output=image&v=2)
BP brothers and sisters, I quit the last job I will ever have today to focus on RE investing. In 2003, while working in corporate America someone suggested Rich Dad Poor Dad to me. Eleven years and 28 properties lat...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/129141/small_1660593546-avatar-reforcharity.jpg?twic=v1/output=image&v=2)
Have 2 friends - one starting with $100K in retirement funds and the other with $25K in savings - both looking to get to $10K/month in income as fast as they can. Both have jobs, consistent income and good credit scor...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/924235/small_1694920109-avatar-hectorr31.jpg?twic=v1/output=image&v=2)
PART 1: INVESTING IN REAL ESTATE, the Why, the Where, the What, the How, and the How Much:
In mid-2017 my wife and I decided to go back to what had been one of our passions in the mid-90's, the ownership and manageme...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1386896/small_1621511836-avatar-danielw300.jpg?twic=v1/output=image&v=2)
How important is it for my first deal to be a good deal?I’m new to real estate. My network is small. I don’t have muscles to flex, I don’t have past experience to guide me. I’ve read books, listened to podcasts and we...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1072633/small_1694628580-avatar-ntjawelch.jpg?twic=v1/output=image&v=2)
I am rehabbing this 1st property. Part of closing negotiations was that they replace the breaker box. They hired a professional electrician who installed a 125 amp breaker box. It looks like they did a very good jo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/166070/small_1662661518-avatar-jasonyarusi.jpg?twic=v1/output=image&v=2)
If you are choosing based on cash flow and on two different scenarios, which route would you prefer.Scenario 1- Which path would you choose if each space is operational and upside is in the management inefficiencies.S...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37326/small_1621388566-avatar-seawolf177.jpg?twic=v1/output=image&v=2)
Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/713488/small_1621495921-avatar-ivanl14.jpg?twic=v1/output=image&v=2)
Anybody here have any success stories retrieving money owed from previous tenants? One of my ex tenants left the house a mess, owes me a couple months of rent and a fee for breaking the lease early. We set up a repa...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1245625/small_1621510623-avatar-kristinaa12.jpg?twic=v1/output=image&v=2)
Hi All! Happy New Year -We just discovered a property we purchased last spring (2022) had a tax lien on it that had been sold in late 2021. Notices had been going to the seller. The lien was put into foreclosure about...