I got out of the stock market in 2009 after taking a $300k loss. Ironically, I had made about the same amount by actually predicting the crash and shorting the market at the top. I thought I could predict the upturn a...
I am new CA wholesaling and I have been researching for 3 weeks (reading, podcast, taking notes, etc) due lack of a REIA in So Cal. (los angeles too far as well as orange county) I would like to partner and do a profi...
As a property manager I'm familiar with many trends in fees/revenue generating practices that property managers charge. Some of these practices do not align the property manager and property owner's interest. For exam...
Hello fellow BPers!Now, I know we’re all young at heart. But I’m specifically looking for those under the age of 35 to answer these questions. Feel free if you’re older to answer these questions too because honestly,...
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
I just hit one of my major life goals of owning over 100 units! I just closed a 70 unit deal which puts me at 118 units total. The reason I post this in the starting out section, is it is important for anyone just get...
Let me start off by saying that I am no means making an excuse to not invest in real estate. I am actually looking to make my first purchase (house-hacking) within the year. Here is what triggers me though:My full-tim...
Has anyone out there rented to both travel nurses and long term renters? Which was more profitable? Which was hardest to manage? I like the idea of renting to travel nurses, but there are always some landlords renting...
Hi BP! I'm attempting to solve a challenge. Currently we have 20 units, all needing mowing/lawncare.Currently I have about 6 companies handling this because the units are spread throughout the Chicago suburbs. Althoug...
The following are my thoughts on the collapse of Silicon Valley Bank and any thoughts of upcoming bailouts. As an advocate for responsible financial practices, I believe that the government should not bail out banks t...