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After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....
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I'm looking for a way to keep a list of all different types of contractors organized such as plumbers, roofers, electricians, ect.. I was looking for an excel spreadsheet template. If anyone knows of any please share;...
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When I help new investors with buying their first property I often want to know what is holding them back from pulling the trigger.So I'll ask here. What is holding you back?
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A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
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Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
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Here's a provocative video...explaining we have a real estate bubble right now in 2014. When do you think this bubble will pop? Back in 2005 (after hurricane Katrina hit), I predicted a real estate collapse as well bu...
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Fannie Mae is increasing the DTI to 50% starting July 29th. America's largest mortgage lender is making it easier to buy their first home.
In the last housing bubble, just about anyone with a pulse was approved for ...
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Hello BP! I am an Active Duty Army Staff Sergeant (E-6) currently at 9 years 5 months Time In Service with 10 months left of Active Duty service. This will put me at exactly 10 years 2 months TIS. I am struggling w...
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Ok, let me say I'm really asking because I'm bored today with sheltering in place! But I've been for some reason seeing the phrase "heavy hitters" popping up more than I remember on BP, referring to a particular group...
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Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...