Riley Holt
How do people live like this?
So I have been actively looking for good investment properties for the last two months. I went and looked at two yesterday that were still tenant occupied. The standards of living are so crummy at the houses that I wo...
Michael Rosehart
Toronto & Vancouver Home Owners are MEGA RICH?! (on average)
The average mortgage debt in Toronto is $194, 000 and 259, 000 in vancouver. Given the average house price is in toront and vancouver is north of a million are we surmising that the average torononian is mega rich? ...
Wilson Adams
Convincing my spouse that REI is a potentially good idea
My wife and I are very calculated people. Our families always encouraged us to save the way they were taught (savings, 401k/pension, IRA). Looking ahead, I can see that we are both going to need some alternate forms i...
Brendan M.
Ramsey and Kiyosaki Are Wrong: Why You Should Finance Depreciating Liabilities
Most personal finance pundits will tell you that if a purchase does not produce income and depreciates, it's bad debt. They'll also tell you that you should avoid bad debt wherever possible, buying things like cars up...
Tony Hershiser
Road Block!!! (need a work around)
I am financially ready to make the jump into realestate investing however, I have a job that requires a lot of my time. When I say a lot of my time we are talking 65 to 70 hours a week. Today for instance I was seto t...
Yolanda W Cuevas
Where to draw the line? Tenant Wants to Take Over
Where should I draw the line? Always, a few days before rent is due I get a maintenance request.My tenant is a self-described handy person and he also works in an appliance repair and sales shop. He is the first tenan...
Jason Warner
STR appraised $120,000 less than offer
Hello friends,
I am currently under contract with my first STR in northern Michigan. The location we chose will be a 4 season rental (skiing, snowmobiling, boating, fishing, golfing) with lake/dock access. Our offer ...
Alicia Marks
QOTW: How have meetups and masterminds help your business?
Welcome to our Question Of The Week!
Many newbies are always asking how they can get started, and I will without a doubt say "join a meetup"! Let's talk about how meetups have benefited you, where you found one, and ...
John Cantu
Wholesaling without a license in Texas
Hello! I'm new to REI and like many, think it's a good idea for me to get into whosaling. I recently ran across the debate of wholesaling being illegal without a listense because the wholesaler is essentially brokerin...
Scott Passman
BREAKING NEWS: You’re not an idiot for using less leverage
Alright, so it might not be "breaking news" but it's news to some. So many of the threads and forums I’ve read since joining BP in 2018 have pushed the power of leverage and maintaining a high LTV to boost your ROI a...