As I’m just getting started in real estate. What exactly does it mean to continuously run the numbers on a deal and analyze?What are some steps you take when looking at a property to see if it’s a good investment or n...
I have never been a big fan of 401k and retirement accounts in general that are invested in mutual funds. I have always thought of it as a "life deferral plan", you put money in, that is money that is lost from your l...
Good day everyone, I hope you had a wonderful weekend.A thought has been running through my mind lately as I have been trying to digest as much information as I can find regarding the due diligence process for commerc...
This is AWESOME! You guys are going to love this.I applied at Bank of America (mistake 1) for a HELOC. I liked the option of interest only and a 10 year draw, etc. It makes for a cheap ability to keep money moving ...
Do record expenses and organize receipts as they come in, at the end of the week or month? Currently, I am doing them in excel as they come in but this proves to eat up a lot of time, sporadically throughout the day.
Hello BP, I just wanted to see how many of you utilize retirement accounts like the Roth IRA or the 401K or is Real Estate is the only retirement avenue you guys use. Thank you. Ruslan
I am joining forces with several investors for the purchase of an apartment building. What is the typical arrangement for distribution of cash flow, profit sharing, and sales proceeds? My template is: 8% quarterly...
Hi BP,I need your help. I recently bought a duplex (house hack) and I looking to touch up the upstairs kitchen before I post the unit for rent. While my ultimate goal is to replace the cabinets I am unable to do so ri...
House is in the North Hollywood/Sun Valley area of California, its a 1090sqft~, 3/1 with detached garage on a 7,400sqft lot. Being listed for sale @ $450K.Working on finishing this house this week. Here's a list of th...
Houses here are going in 2 to 3 days so I have to make a decision fastLooking at a 207k house that would only yield a $150 a month positive cashflow. But houses are appreciating fast here at a rate of 10 or more a yea...