I'm a gun owner and I own "that" rifle and "those" magazines, but the Sandy Hook incident has changed my mind. It's not just guns, but guns are part of the picture and such needs to be addressed. I had teachers that h...

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 ...

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...

Can I buy a home directly from an owner facing foreclosure in advance of the foreclosure auction?  For example, I see a home up for auction, and the amount owed is about $38,000.  Assuming this is the only debt (and I...

I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...

I stopped playing the lottery a long time ago. Even then I only played the large jackpots.  I'm finding myself tempted again. There are two huge jackpots right now totaling 2.6 billion dollars combined.  If I won eith...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $225,000

9509 Briarcreek Drive, Oklahoma City, OK 73162

Please reply with any feedback on Brad Sumrok who states he specializes in Multifamily acquisition and mentoring. He has been holding Investing Weekend Training Events.

Thank you.
"Irish Kevin"

So In late 2018 I bought a package of five of those small brick houses you see all over Georgia (less than $70k each) and had the brilliant idea to renovate them and rent them out via section 8. Today I got a $14,000 ...

A - Invest $100, add value to $120, market corrects to $100 in year 1, but you achieve an 8% return from cash flow and principal reduction.B - Invest $100, add value to $120, market remains as-is (or it takes longer t...