Note: I wrote this post pretty quickly, so I’m sure there will be some questions and perhaps even some confusion…if so, feel free to ask, and I have some additional disclaimers at the bottom... I’ve written a bunch ...

The 70% rule of thumb seems like a great way of determining how much to purchase a house for. How many people that use the 70% rule actually achieve the 70% rule once the rehab has been done and the house has sold? In...

Hello folks!After my research, I concluded that I want to purchase my first duplex/triplex in the Chicagoland area through an FHA Loan. I'm looking to begin the search for a property a year from now (December 2022/Jan...

Hey BP Community,I’m a high net worth (lower middle six-figure) individual in his early 20s just exploring the world of REI for the first time. I’ve been working, saving, and investing since I was 15-16, and the stoc...

Hi BP

We all had to start somewhere....most likely, a majority of us didn't get it right the first time.

1. What was your "tuition fee" into this business? (The deal/project that started it all)

2. How was it funde...

Hey everyone in the BP community, First and foremost I want to start by saying I have zero experience in real estate or any form of business ventures. I do however have an increasingly growing interest in it. Finally ...

Hello all,Writing to get some bookkeeping advice. I am looking to move up from just excel spreadsheets and it appears that Quickbooks is the most liked option. Writing to see opinions/options on bookkeeping software a...

We have had family in the past that has owned some condo rental properties in Fort Walton.  It was more of a part time residence and slight appreciation play, but the cash flow was bad.  My wife and I do love visiting...

I have three applicants (wanting to live together) for my single family home that are very inexperienced.  They moved away from their parents last year to move to another state and are moving back to this area (home)....