Hello BP Community,As a newbie I have found that making that big first decision or taking that "leap of faith" is the most difficult part.  I have no doubts that I want to become a REI. I am not scared (maybe just a l...

Today, I read only two blog posts on BP, and BOTH were about the same subject.  Getting Started in RE investing, essentially. I believe there are very real, and many imagined impediments to would-be, aspiring Real Est...

If a rental property has $600-700 in rent coming in, is it standard for property management companies/people to take 10% of that ($60-70) or is it common for them to have like a $100 minimum? Just getting a feel for s...

http://money.msn.com/how-to-invest/what-it-takes-to-get-really-rich-mirhaydari.aspx?GT1=33014

Can one still get rich? What is the new definition of rich? Best way? Is it more difficult than ever before?

What is the...

Hi BP,

As
rookie landlords, we've recently listed our first unit for rent @ $850 per month - an upper 1bed/1bath apt in a duplex that we owner occupy & currently live in the lower unit. We're hoping to get so...

The latest one for me is my rehab contractor disappearing for 5 days.  He finally returned my calls today and said a family member out of state had tree fall on their roof.  He went to help fix it.But I find I stress ...

At the time of screening, he had a credit score of around 600-615. 94% time on-time payment and one collection. I took a risk as this tenant has a family. Tenant was more than willing to get into the property(as he ga...

Everyone is complaining about cash flow, but the truth is everything cash flows.  It's a matter of how much you want to put down on the property.  Even if you are doing a value add deal you most likely want some initi...

Im looking to invest but want to do it all cash out of pocket. Is there anyone here who started working that way with say 15-25k? Sweat equity is no problem for me. Should I be scouting forclosure sales on the courtho...