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Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
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I keep hearing many investors speak of the housing market and stock market as if we are in a normal situation. Everything is great and the stimulus has solved all of the problems that a global pandemic has created. Ta...
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I'm trying to take the approach of having my money work for me instead of the other way around. The struggle, however, is balancing what looks good on paper with what I want to do; being disciplined and careful, but n...
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Brace yourselves. This one's a doozy. Skip to the line if you're in a hurry.I joined this site quite a while ago. Then, I forgot about it. I just focused on other things, almost all of them crazy ideas and flights of...
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Does anyone know whether there is already an article somewhere on BP about how to become a private lender? I have some cash that I want to put to work, but I do not know how to start out as a private lender, what t...
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Over the years of landlording and owning property in a college town, I have noticed that my Special Stipulations section in my leases have taken on some strange phrases and warnings to new tenants. It seems that e...
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Question at the bottom if you hate long posts, lol.
So literally 30 minutes ago, my neighbor who lives across the street told me she wants to rent my home. We are moving this weekend and planned to lease through a P...
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I am a passive investor and only have participated in a handful of deals so my question might be uninformed or basic. Ive been pitched by various people calling themselves "syndicators" but I find their supposed deal...
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I'm sure many have heard the numbers recently that the median net worth of individuals in the United States has dropped 39% in the last three years. I'm just curious how BP members have fared during the same three-yea...