Account Closed
I just sold my first rental home and I made 109,000!
I purchased this 2 bed 2 bath 1349 square foot house in Turlock California about three years ago for 72,000, I put 15,000 into it after I completely gutted it so everything is new inside. I rented it out without even ...
Mike Lambert
Buying pre-construction properties in Tulum and Mexico in general
Hi everyone,
Over the last few years, I've responded to almost 700 posts on buying and investing in international real estate yet I haven't written any single post. In order to best help all of you who want to buy or...
Andrew Neal
Anyone Buying Class-A Single Family Homes?
I'm just curious as to who in here is buying more of the Class-A type single family rentals? After listening to the Tim Shiner episode it got me thinking. A lot of people talk of buying the 30-50K home in Memphis or w...
Ann Howell
Fraud with our Birmingham turnkey property
In March 2015, we worked through Maverick Investor Group to purchase a property in Birmingham, Alabama. The Seller was Birmingham Income Properties - owned by Brad Lewis and Bryan Conwill. Property Management would ...
Wendell De Guzman
Make $1M in 12 Months (Real Life of a Real Estate Investor Year 2)
Alright BP Nation, this is the start of Year 2 of the Real Life of the Real Estate Investor thread.In the first year of the Real Life of a Real Estate Investor, without meaning to do so, it attracted and resulted in ...
Russell Brazil
Be Careful If You Are Overleveraged
Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...
Dovid Staples
Opendoor & Offerpad; What's Their Angle?
I haven't seen anything in the forums less than a year old about this, but here on phoenix I hear a commercial for Offerpad/Opendoor perhaps 4-5 times a day. Always kinda figured they must lowball quick cash offers an...
Wade G.
Overcoming the Idea That Paying Off Mortgages Is A Good Idea
Overcoming the mindset of paying down mortgages is a dilemma for me. Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence. It makes financial sense to me to ...
Solomon Rosenberg
2 Capital calls in 2 weeks! Ouch
Within the past 2 weeks I got 2 capital calls from different sponsors, I'm assuming that there are many deals in similar situations.The sponsors are saying, If they have enough capital to bring occupancy to 90% they w...
Chuck Kramer
Disrupting the Real Estate Sales? Will RE Agents be extinct?
I am curious on what BP members think the impact that growth in real estate investing, wholesaling, and direct-buy practices is having on the old agency-model of buying/selling? Has anyone come across any articles or ...