Hi guys, wanted to share my story for some motivation.I started investing in 2007 as a 23 year old. My portfolio consists of 13 units and the current annual cash flow is roughly $170k annually. Most of my units are in...
In an upscale neighborhood in Brentwood California a guy rented out his guest house on Airbnb.His latest guest has now lived in his guest house for years, she hasn't paid rent in 540 days, and she is saying she will n...
Since I only have two years of REI under my belt, this is more of a check in to see if I’m going down the right path here and if there’s anything else I could be doing.I have trouble tenants that I inherited and their...
Hi this is Swanny,Please realize that single family, duplexes, triplexes and quads are valued based on Comparative Values or commonly known as Comps. You are at the mercy of comps when you buy, sell, or refinance the...
I just purchased “the simple man’s guide to real estate.†Has anyone tried it? I looked at several others before purchase. It cost about$110.00. I got a manual, a contract maker, and I paid $10 to get a coach...
In the world of business and entrepreneurship, we've all heard it.....don't listen to those gurus. Beware of the guru. That guru is a crook! My question is: how do you spot a real estate guru? I'm not sure what quali...
It has been a few months since I have really been active on BP, but my wife and I just came to the conclusion of our second “deal” and I wanted to jump back on to share some of the details and transformation photos wi...
First a little bit of background on the house: it is a 3 bed 1.5 bath cape cod, in an older neighborhood of a class A suburb outside of Milwaukee. It was listed on the MLS, had been bank owned for about 5 years and wa...
As I build up my SFR portfolio I am starting to ask myself: “Is the idea of SFR cashflow simply a spreadsheet myth?”The common “goal” for SFR investing is $200+/month in cashflow, i.e. cash leftover after PITI and all...
Most real investors should not buy from realtors unless the realtor is an investor themselves and understand the business. Unfortunately, most seasoned realtors don’t even know how to calculate a cap rate. Even less a...