Will F.
Next area to gentrify in Los Angeles? Silverlake, Echopark, Highland Park etc What's Next?
(I'm kind of copying @joederobertis' other post asking for predictions about beachcities poised to boom.)Since so many neighborhoods in LA have been gentrifying recently into "cool yuppy/hipster" areas. Heck even San...
Kaye Williams
My Section 8 neighbors are drug dealers and robbers help with advice.
My family and I live next door to section 8 tenants who are a nightmare. I have pictures of them selling drugs and smoking marijuana. I've filed reports through the police no action was fully taken. My car was broken ...
Philip Abbey
Paying off debt vs. investing in real estate
Hey everyone, I am wondering if it makes more sense to pay off existing debt first such as student loans credit card and car debt, or to save up instead to put a down payment on a rental property to bring in passive i...
Mark Ferguson
I bought a Lamborghini!
This has been a goal of mine for a while. On fathers day I took shipment of a 1999 Lamborghini Diablo. It is more awesome that I thought it would be!The full story is here including what I paid for it. http://inves...
Brian Burke
Cat Litter House: Flip # 653 and it could be the worst one yet. Look at the pics and you decide.
Some flips are easy...paint, carpet, clean, and list. Then there are the hard ones. I've never posted a diary of a flip before. With over 600 flips under my belt I sometimes think that I've seen it all. Then I see...
Scott Graham
What is your COLLEGE DEGREE IN!?
Hi BP! My name is Scott and I am just starting out my real estate investing venture this year. I find it to be imperative for all investors to look back on their past and understand how their formal educations have he...
Jason Mak
30 month Multifamily Flip in Riverside CA.
Hello BP,Just closed on a two year flip of a multifamily deal in Riverside CA. I don't usually like to publicize my deals but BP has been a nice resource and I thought I would contribute with my experience and answer...
Jay Hinrichs
Who are the big losers in the interest rate hikes? Your thoughts
Right now many investors think its them and are now trying to time the market or stuck in wait and see mode.
the real losers are Tenants and those who wait thinking that the market is going to crash.
From my trip...
Matthew Harding
Is positive cash flow a myth in today’s environment?
Hi all - I’m looking to purchase my first investment property near Houston. Single family home, relatively turn key, ~$250k, decent schools. Given rates are what they are, I don’t seem to find anything that positive...
Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...