I have posed this question to help me serve my students better. I know most answers will focus around lack of money, but I think the answer is more complex. My three biggest reasons for taking action: FEAR, family m...
Things that have occurred today:Today the DOW dropped 1,175 points - marking the largest single-day decline in the index's history. The stock market has been on an absolute tear over the last year and many point to to...
Hi All! Thank you for your help re: Kansas City. New question! Anyone who is a current turnkey investor in Birmingham, Alabama, have insight into good/bad zip codes to buy in? *ALSO* Recommendations on your favorit...
Hey guys,
I been following Grant Cardone, read the "10X rule" "Be obsessed or be average " etc but I feel like the Grant's message is a bit contradictory to what our BP contributors are suggesting(start small and wo...
Hi BP members! I'm an aspiring multifamily investor from Memphis, TN. Currently in the learning and information gathering stage, I am trying to wrap my mind around the major differences and opportunity costs between c...
Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...
One of our Bloggers, Justin Pierce, wrote a fantastic article that took an in depth look at all of the costs associated with a house flip.
This is a MUST read for any newbie rehabber/flipper:
Rehabbers! Know ALL t...
Just watched the 60 minutes special on the homeless crisis. Very concerning when you realize that we are part of the problem. To keep our business profitable we absolutely have to screen tenants for felony’s, rental...
I had the property manager send a friendly reminder, reminding tenants that rent is due on the 1st. Tenant 1, paid no problemo. Now on the other hand the other tenant states, "I get a three day grace period by law!!!"...
Hi there,Asking such a big question: I'm trying to get my first deal done, and still trying to narrow down which city/area I should be looking at.I'm a first time investor, I live in San Jose, CA, but I'm inclined to ...