BP,I am in the education phase right now. I am consuming every drop of information I can via reading, blogs, podcasts, YT, etc. I am ready to move forward with my first property as soon as the first of the year, may...
Sooo I have three houses that are all former primary residences that are now rentals. None of the homes were bought with the intention to rent them out, so the sale price and mortgages weren't optimized to be rentals....
Just wondering if there could be any issues with unknowingly renting to illegal immigrants. As a landlord, are we responsible for inquiring as to their citizenship? Could we get into trouble legally if we don’t?
Hi EveryoneI ran across an article from Grant Cardone, Mr. 10X. I think you should all read it. Let's be prepared this time for the downturn.https://www.entrepreneur.com/article/273598Do you think we are in a recess...
Hello BP!I just wanted to share my plan for creating an unfair advantage for myself. Another title for this post could be "From adversity to advantage"1. Become a licensed contractor. In Michigan all I have to do is t...
What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
To the BiggerPockets community,What have been your best passive investments? By passive I mean less than 1 hour of your time in total a month on the investment. What was the initial cost? How much time did it initia...
I went to a multi family investor event today in my local area, and it turned out to basically be a sales pitch for a 3-day bootcamp that they were going to hold in my city toward the end of the month. They were charg...
Just finished listening to the 1.22.17 Real Estate Guys Radio podcast with Robert Kiyosaki. On it he said that basically we are currently in an economic situation akin to 1928 and 1929 is approaching rapidly. His argu...
As many of us are aware, millennials are more apt to renting rather than buying real estate. They (we?) are replacing baby boomers at a rapid rate, and are right behind Generation Z... Of course, Generation Z still ha...