Joe Kim
Out of state investing- SCAM! False promise land of cash flow.
BEFORE I say anything. I want to be clear I am totally bullish on real estate investing. But I want to warn people that it is not what you think it is. And share my own journey over the last 3 years.Ok. Out of sta...
Jonathan Weinberger
Today I fired the Own It Detroit team after spending over $800k with them.
So this may be a long post, but I want this to help others who are exploring out of state investing in a new territory like Detroit. I've been in investing in Detroit since early 2023. I started my investing journey i...
Garrison Johnson
My review of the Rich Dad Learn To Be Rich Academy
I attended a Rich Dad “Learn To Be Rich” Academy this weekend, and while it was fresh on my head I wanted to comment on my experience.
It seems that the response across the board has been that the training is a scam,...
Matthew Odou
Where to move and invest if you live in an expensive area?
Hello everyone,
I feel that I’m ready to invest in my first house hacking rental property (2-4 units); I have the $ for a down payment, closing costs, and am going to be using the 203k loan fo...
Ola Dantis
Why Do You Young-ish Entrepreneurs/RE Investors Fail?
I cannot count how many times I've seen a post on BP from someone young-ish saying how they just want to quit college (or their job) and "jump" into Real Estate. When I see these posts my brain immediately chuckles (n...
Sapir Simply
New Agent - Should I Americanize My Name?
Hi everyone!So my question is pretty straightforward. I am a new Real Estate agent and I wonder if I should Americanize my name to gain that initial connection with clients? A lot of people have difficulties pronounci...
Karl McGarvey
Payoff a Vehicle or buy another rental!?
About to close on a refi of our personal property. Saving $250/mo plus getting about $12k cash back in closing. Current vehicle payment is $398/mo with about 9000 left to pay (2.5% interest rate).Initial thought is go...
Daman Gandhi
Are you receiving rents since lockdown?
Are you receiving your rents since lockdown ? Any specific government advisories in your region?
Uriel Gonzalez
Cirumvent the 90 day Fannie Mae deed restriction
I have heard you can accomplish this with a Trust. But how do you make a trust? Now considering I get an REO under contract and plan on wholesaling it and at what point of the transaction do you make it? Before lockin...
Lor Fara
Renovated flip, doesn’t sell, next options
I’ve finished my first flip in October in Richmond CA. A single family, 3 beds, 2 baths, huge yard. The house turned out great after renovations. It’s listed at $650k based on comps. It didn’t sell in 40 days tho...