Andrey Y.
Growth Equity Group - How 170+ investors were scammed
In 2014-2015, more than 170 investors purchased 2 and 3 bedroom condo units from Growth Equity Group. This company specializes in investment properties in a self-directed IRA. More than 85% of their sales are bought i...
Jay Hinrichs
The 2% rule kills values
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
Jason G.
Roofstock Case Study
My girlfriend and I have been saving money for a down payment on our first rental property and had initially been looking at single family properties and multifamily properties in upstate New York. In May 2017 I came ...
Sheena R Roth
Sweet 80 year old tenant can’t afford rent
We are under contract on a side by side duplex near our hometown in Ohio. We just found out that we are inheriting the sweetest 80 year old tenant who has lived in the place for 20 years. Market rent is $950+. This li...
Account Closed
How to get to $30k/month if you were me?
Hello! I've learned so much on BP, mostly from lurking over the last few years as I prepare to shift full time to RE. I'm curious to tap the brain trust here on any angles I may not have considered. Would love to hear...
Latisha Douglas
Calling all (successful) Low income (class C / D) investors
Please share your systems and tips for successfully running a low income investment strategy. Especially around rents, maintenance, evictions, tracking expenses etc.
I recently purchased a few low income properties ...
Dan N.
Why do people use LLC for "buy & hold" rentals that have mortgages?
I am confused on this topic and I would like some input. I am going to acquire a few long-term rentals over the next few years. All properties will be acquired with a mortgage. Initially, I was sure I was going to cre...
Eddie P.
Why do investors buy HOA liens at auction?
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
Andrew Postell
How To: Cash out 1-4 unit Property
Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...
NA NA
WARNING: Harbor Funding Group
Harbor Funding Group is being investigated for fraud....beware!!!!!!
DO NOT DO BUSINESS IN MISSISSIPPI WITH GLOBAL FUNDING COMMUNITY DEVELOPMENT, LLC.....based in Florida building under Go Zone in Mississippi....bewa...