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BTW this is my first post!I am 22 and have been saving up for my first property, I currently have 23k saved in cash and I am saving $2800 a month that I am adding to that total. I want to buy a single family property ...
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For Renee and I, it's all about the numbers. We truly believe that the goal of investing is to get the most return on our investment dollar. A 100k duplex that rents for $700/unit is simply not as profitable as a 3...
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It's 10pm. I'm about to start washing gross bathroom walls in the apartment we're renovating to prepare to sand and paint. I'm on BP because I don't want to do it...I see people talk about hiring painters that can kn...
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I know this has has been asked many times with various amounts....I am curious what Detroit investors would say.. I have a few directions that I am considering...But what would you successful, seasoned, experienced De...
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Hi everyone! I’m 15 years old and i’m looking for some advice to get into Real estate investing and Real Estate related things. I have been educating myself with books and webinars. However I don’t know what the next ...
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Hello BP community,I'd love to hear from experienced investors on which repairs have historically increased their home's value the most. Obviously, there are many factors involved in this and it is difficult to distin...
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Hey everyone, I am wondering if it makes more sense to pay off existing debt first such as student loans credit card and car debt, or to save up instead to put a down payment on a rental property to bring in passive i...
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I attended a Rich Dad “Learn To Be Rich” Academy this weekend, and while it was fresh on my head I wanted to comment on my experience.
It seems that the response across the board has been that the training is a scam,...
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12 Solid Rules of Real Estate Investing
1. Real estate is a long term investment
2. Cash flow, cash flow, cash flow
3. Do not let your emotions get in the way
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I bought a duplex a couple of months ago. Here are the numbers:
Purchase price $85,000 (I put 25% down)
Monthly payment including taxes and insurance is $585/month
Total rent for both sides is $1,...