Brandon Schlichter
Started out with $25k 5 years ago, now I have 90 rentals!
I posted this elsewhere but figured I'd share my 5+ year ongoing story of buying rental properties to encourage members here. Personal Background
Most of my childhood was spent growing up inside a tenant house on a...
Nathan Gesner
What's going to happen to NY City?
There aren't enough renters to build demand so prices are dropping. They're dropping so low that Landlords are choosing to keep the units vacant rather than fill them at reduced prices. In August, they warehoused over...
Wendell De Guzman
Real Life of a Real Estate Investor
Alright...I am going to post what happens every week in my real estate business. Why? So you will learn from my mistakes as well as get inspired by my successes. I also hope by doing this, BP Nation will help me ac...
Diane G.
I want to wait for the next buying opportunity
I am thinking I won't have to wait for more than 1-2 years... Your thoughts?Most of my coworkers, especially those in the early 30s, have bought and have a mortgage that is $10K in monthly PITI... Tough.....Any job lo...
Jay C.
Are Realtors days numbered?
I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
Kyle Grimm
WHO ARE YOU? What do you do besides real estate?
Hello BP nation! My question for BP nation is what is your day job? Although we would love to be, most of us are not yet full time investors. As I grow older and try to figure out the direction of my career, I love ...
JR C.
Hereos Act will hurt landlords in a bad way
Forgive me if this has been posted before. A search didn't find anything. As you probably know, the Democrats in the House passed the Hereos Act, A part of this bill calls for a Federal Ban on evictions of any residen...
Joey Copper
Why Self Managing Investment Properties is CRAZY
One funny thing about people is that while we are almost always well intentioned, we seem to do a lot of things that are just plain crazy. I, for example, still prefer to eat my oranges by dissecting each into their i...
Jennifer Cramer
First Post: Overwhelmed and can't figure out where to invest
I'm a new member and this is my first post so please go easy on me! I'm interested in investing in my first LTR or MTR. I have a full-time job in NYC and travel excessively for work so I will need a property manager...
David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
Let me start by saying I am all in on RE. I have an MBA, spent years learning about RE before I pulled the trigger. And when I did, I bought 5 houses worth over $1M in 18 months with only $100K of my own money. So I f...