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Hey BP I wanted to get some opinions on the dangers of over leveraging a property. I am formulating a strategy to acquire a number of properties in the near future using 1 or 2 REPUTABLE turnkey companies(please hold ...
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I need serious input! I just looked at a Historic house in my town that has been sitting vacant for over 30 years. The family finally put it on the market and are asking $80K. The realtor thinks they would take $40K o...
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Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
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I know typically Condos are not the most ideal investment as they don't tend to appreciate. However, we are considering them as a potential rental investment. Given the tend to be cheaper, we could pay most of it in c...
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Hey BP peers! When does this RE stuff actually become passive income? It’s been a trying month for sure. I work that full time job, manage 29 doors, and flip for profit and debt reduction. But, on April 12th I get a c...
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:cry: I have a house that is in foreclosure right now. Screw the banks, why should they have my property when they made their money already. Resently I've been learning how to clear all of my debts including my mortg...
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So you've got some tools and an eye for design, and you want to put your skills to the test in one of real estate's hottest trends: flipping houses. There's a lot of information out there to help get you started, from...
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I’ve been reading a ton of posts recently where people have recently quit college or a job, or are thinking about doing so. While I commend people on having the commitment and passion to peruse a different path, but t...
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Adding an ADU to a property has become super easy in CA, yet it seems that the adoption rate of adding units isn't quite where it could be.
This is most surprising amongst investment property owners. Why is that? The...
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Hello Everyone,I think it's time for a change.I really want to keep my post on topic. If you have questions or want to debate CAP rates, cash on cash, etc. please shoot me a message and we can go from there.A little h...