For Renee and I, it's all about the numbers. We truly believe that the goal of investing is to get the most return on our investment dollar. A 100k duplex that rents for $700/unit is simply not as profitable as a 3...
I have a feeling this may be the first time something like this has been asked on BP. I am finally about to put a bid on my very first property and it’s a foreclosure. When people say ‘if it’s too good to be true it u...
http://www.newsweek.com/content/newsweek/2010/08/12/how-to-understand-american-decline.html
Current Newsweek article lists The United States as # 11 in countries worldwide. Really cool website with different categori...
Hi all - I feel that we're about to see some major migration shifts coming from the expensive urban cities such as NY, Seattle, SF given the new work from home policies that is becoming permanent. It started with the ...
At one point somehow I accidentally paid my mortgage on an investment property twice in the same month.
That was dumb, I thought, after realizing my mistake. However, instead of calling the bank and trying t...
Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...
There is an economic term called diminishing marginal rate of return. Meaning for every one more unit sold the benefit becomes less and less. With the rise in college tuition costs and the strong emergence of availabi...
This made me cringe...We've got mobiles rented in NorCal by people of very modest means and have been mindful of that.https://slate.com/culture/2019/04/john-oliver-mobile-home-rent-rolfe-last-week-tonight.html
I know that accountability was one of the biggest factors for me being successful in real estate investing (or any business for that matter), and one way I was able to hold myself accountable was to announce my goals ...
Hi BP,
My first post :)
I started in Dec 2019 and am now up to 3.9k a month in pure cash flow. Need to get to $10k before I think of quitting and gunning for the end of this year. Looking to still get educated and m...