My goal is to acquire 167 rental properties in 5 years generating $500/month on average.
Im starting my first year and am planning to buy 10 properties in 1 year. I’ll have $50K saved and $8,000 in credit lines.
M...
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Let me start by being crystal clear. I am very sympathetic to all of those who have been exposed to COVID-19 – those who have either struggled through severe (or even mild) symptoms and certainly those who have passe...
I’m curious to find out if their are other BP members who have adopted this kind of strategy. I’ll caveat but saying that I have a few primary goals that are driving this strategy so bare those in mind.Goals:1. Be han...
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I’ve taken the deep dive into REI about a month and have been consumed with information ever since. I’m looking to purchase my first property within the coming months and the BRRRR strategy has really stuck out to me ...
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Ucla recently covered this topic. LA has 85 hoods and the population is predicted to grow 30% by 2030. The city is looking for solutions to help with the housing shortages including allowing granny flats in backyards....
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Hello, So a potential renter of mine is insistent that they do not need renters insurance even though I have told them how cheap it is and that it is highly recommended. Renters insurance is not required by law in Vir...
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Hi everyone.Its been quite a while since I last posted. I've been working on a few larger deals this past year along with my relocation to the Chicago area, so I've been super busy. But now I finally closed on my last...
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What’s everyone take on the BRRRRR method? I think it’s a fantastic idea but I’m beginning to hear more and more investors against it. Shouldn’t be leaving money in your property. 75% LTV or even 80% isn’t enough. Los...
Hello All, Seeking some referrals for a few things. My partner/mentor and I are looking to start putting in a lot of low ball offers in on several listed properties in Will County, Illinois. Anyone know a realtor who...
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I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...