Will F.
Next area to gentrify in Los Angeles? Silverlake, Echopark, Highland Park etc What's Next?
(I'm kind of copying @joederobertis' other post asking for predictions about beachcities poised to boom.)Since so many neighborhoods in LA have been gentrifying recently into "cool yuppy/hipster" areas. Heck even San...
Andrew Syrios
The 2% Rule is a Bad Rule: Discuss
I am not a fan of the 2% rule, although I will say I think rent/cost is my favorite calculation. We usually determine what type of rent/cost we can accept in any given area and go from there. According to Gary Keller,...
Neil Patrick
What state to buy my first investment property to cash flow?
Hi Everyone - I'm new to BP and new to REI. I live in Southern California, as the market is super inflated. I am looking to make my first real estate investment as I have enough cash to either buy a cheap place in a...
Devin James
Engagement vs. Down Payment?
Hello all! I am in a dillema and that is whether I should purchase an engagement ring or use the money to put down on my first house. Here is some info about me:My girlfriend and I have been dating for 6 years (since ...
Account Closed
Pursuing Bird Dogging Legally
Hi everyone, my name is Michael and I'm a 15 year old from New York. Over the past year or so I've been trying to get into real estate but there's always a problem with either the strategy or my age. I looked into B...
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
Hi Everyone!
I recently started with a new company that is paying for my housing, vehicle, and fuel. This has freed up my income substantially from where I was working previously. Looking for thoughts and suggestions...
Joe Kim
My $8000 problem. Do agents really deserve $200+/hr
I have a problem with paying people by percentage rather than pay per hour.For example, nearly every single property manager charges a percentage of the rent 6% to 10% of the monthly rent for property management fees....
Joshua Howaniec
Construction companies have poor presence on BP
I was just going through some of the construction companies in Indianapolis, for my own related work purposes, clicking on links and such. I found a lot of the links go nowhere and or the phone numbers are no longer s...
Perry Rosenbloom
Thoughts on Paying Market Value but Cash Flowing Well
Hi Everyone,
I'm under contract on a 4BR/2BA home. It's very clear that I'm under contract at market value price. 147,500. However, it will rent for $1,500/month and taxes are dirt cheap.
It is also entirely renovat...
Mindy Jensen
Investor NOT protected by LLC?!?
A new development out of Atlanta this week. An investor has been held liable for the exceptionally poor conditions of his properties, even though they were held by an LLC that was not under his own name. He argued tha...