Hi everyone!
My name is Melanie Stephens and I write a column for BiggerPockets Wealth Magazine on “Biggest Mistakes/Lessons Learned” in real estate.
I am looking for stories from BP members about that ONE deal or ...

So, this is in the news now-days. Here are a few thoughts - feel free to jump in:I've often said that I think it's kinda naughty when people charge $30,000 for real estate education. My rationale is as follows:Real es...

We spend a lot of time at the end of each year celebrating our successes in REI and planning for an even better year next year, but sometimes we forget to take stock of our worst move of last year. Understanding what ...

Article:https://www.wsj.com/articles/your-parents-financial-advice-is-kind-of-wrong-11568367000?mod=e2fb&fbclid=IwAR2XL4axyaQpo43fAkn_Q_fWBU3GiHJ9_K6t5c8G6rMnPCfed1KBBXIVhToResponse:Let me set the scene to save yo...

After such a positive response from my first thread on the BRRRR model in Metro Detroit, I wanted to share a new strategy that I've successfully implemented into my business which will MAXIMIZE CASH FLOW from small Mu...

With just a few weeks left in the year, it's likely that I'll end 2020 having made no purchases. I only began looking in earnest in late October, so I don't feel too bad about it, but I'd love to hear about what YOU p...

I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.

...

I have a small SFR under contract that's being sold by a flipper.  It's a turn key, good flip with a few minor issues.  We asked for a reduction in sale price for an AC not working and a clogged cleanout drain (concre...

Hi everyone,So I am getting closer to finding a tenant for my first SFH rental.  It has taken me exceptionally long, probably because it is my first time going through the process.  This is probably a C-class house wi...

Most real investors should not buy from realtors unless the realtor is an investor themselves and understand the business. Unfortunately, most seasoned realtors don’t even know how to calculate a cap rate. Even less a...