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One of my friends who has had to listen to my incessant ranting about REI had a question for me the other day, and I felt sheepish that I had no idea how to answer him. My plans are largely centered around SFH buy and...
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Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
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Who has a question about investing, owning and or building on the Outer Banks? I lived there from 1997-2011 and was one of the largest builders in the area. I have built and developed hundreds of homes and done over $...
There are a number of seasoned investors on this thread, so I'd like to take advantage of that and post a deal I'm working on--in fact, using Charles Best's "Down Payment Assistance" strategy.
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Hi folks. I joined BP awhile back when my wife and I decided that we really wanted to get involved in real estate investing, namely flipping. I've tried to educate myself and have looked at a bunch of properties but n...
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My 12 year old son closed on his first rental property last month - and now he wants to buy another. I think every parent wants to teach their kids about finance, and my wife and I like others, have struggled with how...
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Hi everyone, A bit of a unique situation. My dad invested in rental properties from 2008-2014 and made good rental income on them. Our city has now ballooned in value and no property is renting at 1% of price anymore ...
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Fellow investors and landlords,I have decided to offer my tenants a small discount for paying their rent on time, in light of the current situation. Its not because I think it will be a huge deal, mainly to thank them...
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I feel like I’ve been posting a lot lately! Something I’ve been thinking about is the benefits of loan pay down. So I’ve been listening to bigger pockets a lot, and am learning that a BRRRR method is a good method for...
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Hey all!Hypothetical but very a real question:With little to no money to start your REI career. If you could perform the BRRR strategy, factoring in ALL EXPENSES. Cap Ex., Vacancies, Etc...And broke dead even to beg...