Ok BP Nation, I need some mental boosting today. After 6 months of reading BP, going to meetups and REIAs, finding a super-sharp investor-friendly realtor, investigating money sources, etc., I made an offer on an ...
While I realize that rules of thumb like the 1% rule cannot replace proper due diligence and thorough analysis, they can help focus time/energy. Does anybody have any helpful rules of thumb that can be applied to a sh...
I'm currently using a property manager for my two rentals. However, I have colleagues/friends who do not use them stating, "they like to keep their money." My feeling is that I don't know all of the ins and outs and...
I wrote a very detailed story that just went *poof* so this time I will write in installments. This is a story form my earlier , very nieve, years in landlording. There needs to be some background so the context can b...
I am writing this post more for the seasoned Investors.It is very easy to see the results that everybody shows online, flying in private jets, not working, building hospitals in third world nations, but I want to hear...
The margins don’t make make sense anymore for me buying single families. Everyone is overpaying in my opinion. I want to buy the land and build 6-10 homes in a community. Anyone here looking to do the same thing?
Question for experienced investors who invest in rental properties out of state: what is your process? Do you buy fixer uppers? If so how do you oversee the rehab? How do you deal with property management? Do you onl...
Hello, wanted to quickly introduce myself.
I'm Mike, married with two young kids living west of Minneapolis and I turn 40 this year. My wife and I both work and have contributed enough to our retirement funds that w...
I currently have a full time job in finance and would like to earn passive income investing in real estate on the side. I’ve discovered a passion for it and would like to pursue it. Some real estate mentors I have, tr...
An older friend (close to 70) owns a rental that makes a small positive cash flow.
There is an existing mortgage of about $15K which he could pay, but has been saving that $15K (and more) for down payment when he fin...