My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
I don't want to announce the sky is falling and be a Debbie Downer, but in my opinion, now is NOT the time to be investing in real estate for rookie investors, especially flips. I keep seeing a lot of posts from newbi...
The last property I bought has been about 18 months ago. Due to getting into a bunch of new hobbies/interests which take up a good chunk of my free time, I have been putting my dollars bound for investments into large...
I am still at a loss to understand how the government has gotten away with Nationalizing my SFH rental portfolio in the blink of an eye. When Donald Trump announced that there would be no evictions on any federally b...
Hey everyone!BP has just released my latest book: RECESSION PROOF REAL ESTATE INVESTING.It is all about how the economy works (starting with the very basics and working up from there), economic cycles and how we as r...