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What does the BP community think about 1st lien HELOCs as a way to free up equity in your primary home for investment purposes? If anyone has gone through the process, can you give any advice as to whether you recomme...
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Many have argued/claimed here on BP that cash flow on residential properties is of vital importance and investors can not put food on the table with appreciation. I disagree. Once you have built a business with many r...
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What are the best cities to buy investment property? Here is a recent article that precisely answers that question. Agree or Disagree? For the newbies out there, this will narrow your choices and make things simple.Te...
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Trying to find our first tenants. We have found a couple that we like, however the husband has an eviction from an apartment in 2008. I have heard some say that if a person has ANY evictions they would not rent to the...
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Has anyone taken the plunge and attended any of the "Advanced Training" courses put on by the Rich Dad Education company? Last fall I attended a three day seminar put on by Rich Dad Education, but because of the steep...
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Dear Pocketers,
How do you harden / bullet-proof your rentals?
While I've never had anyone utterly trash a rental of mine, I've seen the damage they can do first hand (typically when buying the rental and seeing ...
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If you had capital you wanted to put to work but you couldn't find deals in your area (South Florida) that fit your business model what would you do? Change your strategy and look to other asset classes? Partner with ...
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I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...
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Recent article from the LA Times showcased nearby San Diego as the number #3 city for largest year over year price increase at 7.8%. See article link http://www.latimes.com/sd-fi-case-shiller-august-2...Did you know t...
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Hey BP. I wanted to share a tough lesson learned, partly to help others learn from my experience and partly to seek any words of wisdom/encouragement. :( Thanks in advance!I am just 2 weeks from closing on my first p...