Please help BP
I have a property in Detroit, MI on contract for $20,000. House has been vacant for over a year. House needs the basics:
-Plumbing (bath room and basement)
-Flooring (carpet, hardwood needs to be refini...
Hey everyone,Just wanted to introduce myself to the BP community.I have not yet begun my REI journey yet but I have known this was on my path since I was in college. I intend to invest in buy & hold rental multi-...
About me: 47, family, did well in my small-business life for 20+ years, up until about 2019...grrrrrr. Luckily have a decent nest egg, barring major depression scenarios, I think I'll be 'ok' with a a few lifestyle cu...
One of our users, buyandselllv, posed the question:
Where to invest next?
He was interested in finding out about good areas to look at to find rental property. I realize it is a broad question, but wanted to re-pos...
I know you will all say…..’not again!’. I know a lot have been written about Detroit; either on this site or elsewhere…I have read all the posts……..its went through the largest bankruptcy in the recent history; it’s ...
For the last few years, I have been maxing out both my wife's and my annual roth IRA contributions with savings from work. I am in my late twenties and think of our IRA as more of a bonus later in life then what I am ...
(I've spent a ton of time studying markets, time frames, market rents and a ton of other factors in different states to help me capitalize on inventory in non performing notes. I hope this blog/article helps. This w...
A few years ago I had some people that were nothing but problems. They had rattlesnakes that escaped and the game wardens were called in. Finally they thought they didn't have to pay rent because they spent all thei...
So I am in the process of purchasing a home at a big discount to an elderly lady. Part of the agreement I made with her was to lease the house back to her at an extremely reduced price from normal rents. She's 80 year...