Account Closed
How Investing in the Stock Market Saps Your Wealth
Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...
Alice K.
Where do you invest? (San Francisco is insane)
Hello All,I've been involved in 2 out-of-state offers so far and feel like I've hit a wall in the areas I was planning to purchase a home/multi-family in. My primary question: Where would you / do you invest? Past exp...
Ryan B.
Adjustment to 50% Rule
It seems as if a large number of buy and hold investors try to use the 50% rule for their rental properties. I myself think the rule makes perfect sense and that is what I use also.
I would like to get everyone's o...
Nancy Roth
Mentoring programs
Hi, I'm considering joining a mentoring program run by a successful local wholesaler to help me develop a wholesaling business. In addition to counseling and reinforcement, the mentor would offer me contract forms, ac...
Zachary Schimenz
WARNING: Don't Use Ohio Cash Flow unless you want to lose thousands of dollars
I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
Will Spruill
My turkey disaster
I bought two turnkey rental duplex units in Indianapolis last year that came with a one year rent guarantee. The rent protection was thru AON and was paid for by the advertiser that markets turn key homes.
...
Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Scott Choppin
Lifecycle of a CA Multi-Family Development Deal
Hi EveryoneAfter reading through many excellent posts, include the "Diary of a New Construction Project" by @J Scott and @Joshua Dorkin, I thought I might add our voice here on BP. I am proposing to track the entire l...
Matthew McNeil
Are you willing to invest in RE appreciation with 2 caveats?
The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative. It must at least break even a...
James Wise
Are you prepared to do what it take SURVIVE this business?
Are you prepared to do what it takes to SURVIVE this business?Are you REALLY prepared to make those tough calls?Can you push emotion to the side for the betterment of your business?Are you willing to do EVERYTHING in ...