I was picking up the rent from one of my tenants tonight, and it occurred to me when they pulled up....every single one of my tenants has a considerably nicer car than me. Also almost all of my tenants (Except the one...
According to the classic Rich Dad Poor Dad, Robert Kiyosaki says your home is not an asset. This makes sense considering your home is not making you money but demanding repayment from the get-go. Appreciation is no gu...
On December 2, I closed on a 7 unit apartment building. When I made the offer, I saw a lot of things, but the two most common were disaster and potential. Due to the size of the place, the insane income numbers, and t...
I don’t want to name drop but I paid $4000 for a 3 day workshop and now they want $40,000 more for coaching and mentorship. A friend of mine that has a successful portfolio worth millions advised me not to. He recomme...
Hi BP! My name is Scott and I am just starting out my real estate investing venture this year. I find it to be imperative for all investors to look back on their past and understand how their formal educations have he...
Hi BP,I have used my property manager for about 9 months now, so far i've been happy with what they have been doing. I signed a contract with them back then, and every property which I have acquired and managed has b...
https://www.foxnews.com/us/102-year-old-california-woman-evicted-so-landlords-daughter-can-move-inThis guy is evicting a 102 year old woman so his daughter can move in to the apartment. The woman had been living there...
For anyone looking to buy their first piece of real estate, STOP (unless it is a four-plex with an FHA loan). I did this 2 years ago and it was the best financial move I have ever made. If you start buying other prope...
Inspired by @Tyler Jahnke and others on BP I've decided to chronicle my experience regarding the property i've purchased with MI & OP management company from now for as long as i own it. The purpose is to hold the...
hello everyone,
so I've recently found a few pre-foreclosures. but looking at the comps in the area the homes have 20%-40% equity. my original plan that came to mind was to do offer a few different solutions and then...