Adriel Hsu
How I Made 12 Deadly Mistakes & Still Broke Even on my First Deal
My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...
Chris Adams
My 22 duplex lot deal - $1MM in debt - purchased with no money down.
***WHY I AM DOCUMENTING THIS ***Before you read this post I want to explain why I am documenting this deal. I am where I am today because of the selflessness of a few people that had taken time out of their lives to h...
Scott Trench
Act Now or Wait? IF Under Contract - Close, or Back Out?
A lot of investors are reaching out to me right now, often those who are currently under contract on a first or second property. Luckily, almost all of the folks I've talked to are in strong financial positions overal...
Trevor Lohman
Long Distance Land Lording
Hi Everyone,
I am fully prepared to take some heat for asking this question, and recognize many of the problems with long distance income property ownership and investing in a "network" but wanted to ask anyw...
Kevin Moules
FIRST BRRRR PROPERTY! COME JOIN THE RIDE!
Hello BP members! I wanted to share with you my latest RE project. This is our 3rd RE transaction since jumping into RE in December of last year. First deal was a buy and hold 4 plex, then a flip which we are listing ...
Joshua Dorkin
Besides Real Estate, How are you Protecting Your Money?
I as reading about some technical signals in the stock market, specifically the 'Hindenburg Omen', and started thinking about the state of our economy, inflation, the markets, and how I'm managing my money. Of course...
Ricardo Murph II
New landlord - Current tenant has a Pitbull, best way to proceed
Just closed on a Duplex in Cleveland Ohio. When setting up insurance with a broker the company with the best rates does no allow for pitbulls. Well my tenant has a pit and two chihuahuas. He is on month to month payin...
Pavlos Kasselouris
Do you track your NET WORTH?
After reading the book of the millionaire real estate investor by Gary Keller, where it says to track your net worth frequently, I started few months ago to track my net worth and see it how it performs during time. I...
Lamar Cannon
Forming LLC / Partnership with Rehabbers
Instead of becoming an HML, I'm looking for innovative ways to lend money or finance flips and other real estate projects. After reading a couple posts on the topic, my wheels are turning. Forming a Series LLC or an...
Kimberly Carver
HVAC disaster - advice needed!
Hi all -We have been landlords for 5 years with very few issues. Everything that has come up we have been able to fix within a day. We take great pride in our homes. I am sick to my stomach with an issue we have been ...