Brock Laramee
I think this property is gold.
Whatsup guys.I've been studying the Lake Worth 33460 area code for a bit now. I have analyzed over 30 properties in the area and have a good grasp on rents and the local area. I came across a Bank owned property liste...
Brian Paine
Why does ROI % seem to go down after a certain number of years?
I don't quite understand this so called "law of diminishing returns". It shows up in the BP calculator each time I analyze a property. The ROI percentage starts to go down at about the 10 year mark. Plus I keep hearin...
Joseph Oh
Kelton Todd Coaching
Hey everyone,Has anyone joined Kelton Todd's coaching program? He's based in Dallas, TX and he invests all over the DFW area. I went to his Empire Academy Seminar and it was great and I was interested in joining his c...
Kevin Phu
CPA worth it for 3 months of REI
Closed and moved into my first property at the end of September. Started renting out rooms shortly after. Would it be worth hiring a CPA to do my RE taxes for the 3 months? I understand, for the most part, how to fill...
Brandon Burrell
House and don't know what to do?
I have a property that was willed to me an I don't know what to with it. It needs work and I applied for an equity loan but my credit wasn't good enough also I am behind in taxes. So what could i do I don't want the p...
James G.
Is Diversity For Idiots?
Hi BP. I’ve heard different takes on this topic, and I want to hear what the BP community had to say. People like Mark Cuban and other successful entrepreneurs have been heard saying “diversity is for idiots” because ...
Robert Hodgson
How can I start out?
Hey BP,I'm looking for advice on how I would start out, I want to buy my first rental property soon.We live in Aberdeen, NJ. We bought a HUD home for our primary residence in Oct 2016, we got it for $102k, it's 3 bed ...
Jerry Baldwin
Save for down payment vs borrow against equity?
I have a two family house and the plan is to buy another one in 4-5 years. Keeping the current one, rent out both units, and move into the new one. We've been saving up for a down payment to do 20% down. Currently hav...
Account Closed
What To Do With Homes Not Purchased As Investments?
I own a condo I purchased as my first home in 2008 and a single family home I purchased to move into in 2013. Neither were purchased as investment properties. I moved out of the second property in 2017 and I have ha...
Jonathan Twombly
Dealing with High Net Worth People
When I first started out in this business, I was very intimidated when dealing with very nigh net worth potential investors. (Okay, I'll admit it: sometimes I still am!) I would question my own credibility and b...