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Since I personally don't like the word newbie...I will use the word neophyte-a person who is new to a subject, skill, or belief. Many times it is used in a religious context and one could argue that real estate is a r...
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Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...
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Well, here we go folks, I’m ready to lay this to bed once and for all. For years I’ve read from B and A class investors, others trying to scare me off of buying and renovating D class properties. They’d write, “It wil...
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Hi BP community!I have a few properties that I have had managed by a PM company. I used to self manage and when I changed jobs, that required a lot of overseas travel and I didn't feel comfortable having family deal ...
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I have an opportunity to purchase a 50 unit apartment, along with 7 other SFR properties (14 doors total for those) from a retired old-school RE investor. He keeps telling me that he used to buy his properties using t...
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With the end of the federal supplemental unemployment benefits ($600 per week) in July, will we see huge increases in missed rent payments in Sept?While many here have anecdotally reported that they are collecting ren...
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A big dilemma we are dealing with it gentrification and what it means to us. We want to invest in our own neighborhood for many reasons. We want to be close to our houses. We love it here. We love the mix of middle cl...
On Tuesday, August 13, the Sacramento City Council will likely vote to enact a rent control ordinance. Here are the highlights:- Landlords will be prohibited from raising rent more than 6% plus the “consumer price ind...
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I have been investing in the stock market for quite some time and since I'm in for the long-run and I'm not obligated to pay monthly dues, I have some peace of mind. If, for some reason, I stop working and d...
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I'm a free-market person, but if the autos go under, we'll have millions of more people without work. Do you guys think we need a bailout or maybe some of you have some other ideas?