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I'm ready to buy my first duplex. In our market I can buy a habitable duplex in a low income urban market for 30k. Rents are aprox $500/unit but will likely be low income urban or section 8 tenants. The ROI opportu...
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Hello all, I have recently lost my mind discovering how difficult and from my point of view unreasonable the Massachusetts court process is for foreclosures and challenging their validity. I have recently purchased an...
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Hey I have a chance to attend one of those "FREE" Rich Dad training classes tomorrow. Now I know that they will undoubtedly try to sell me some ridiculously high priced package, but was wondering if anyone has attende...
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I'm trying to work some numbers on a potential purchase. Now I realize this will be very specific to the location/property/price/marketing/etc but what would be an occupancy number you'd put on an Airbnb type rental? ...
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Hi BP familyLiving in Louisiana I'm beginning to receive calls about people wanting to get rid of their flooded houses from the 2016 flood. I have never thought about flooded properties before so I decided to reach o...
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Long story short I’m a young millennial, at the age of 22, getting into real estate investing. I found a property that apparently that I shouldn’t let the opportunity pass me.
I’m nervous and excited at the same beca...
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Hi All,I wanted to share with those who are just starting out some things I've learned so far in my investing journey. My first purchase was a SFH property from a turn key provider in Kansas City. This was an out of s...
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This is from a chapter in the book, [removed] Thought some of you might find it of some value:
Creating value can be as simple as buying a property that’s in great condition and in a great location in a rebounding...
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We hear so much about how we should Diversify our money and portfolios. Yet most of us here on BP beat to a different drum. We don’t depend solely on a work 401k or pension plan to be our saving grace when we are 65. ...
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An alternate title for my post could be 'Flippers and the Law of Diminishing Spreads'!
I am in the Las Vegas market and am running up against the same issues I am repeatedly hearing for other markets in that the ...