Am I the only one that doesn't feel like the ROI calculations are good enough? I have expenses that come up at different times of the year (taxes, insurance, etc) and then I am saving for capex, random repairs, etc. M...
BP, Minimal or no appreciation, lower overall values, hit or miss area but constant cash flow. Is there a problem with this? My strategy is to replace my income with rental properties.Slice and dice it!Matt
Hey All,I recently purchased a duplex that I am house hacking in Austin, TX. So far, it's been a good decision in that I've been able to learn landlord basics, how to do a cosmetic rehab, and live extremely cheaply. W...
Hello BP family!I am a longtime reader and listener, but first time post-er! Wanted to say hello and tell everyone a little bit about myself and my goals moving forward! My name is Michael Ohman, I am from the beautif...
I think that the market has been spiraling into recession well over the last three or four quarters. Technically, I believe we are in a recession now but the media is keeping it quiet. The holiday shopping,GDP decreas...
Good morning BP. I've been browsing on how to become a real estate developer and am looking for some insight. I've been working on a project to tap into the evolving tiny house market and have ZERO clue as to what a r...
So I was having another discussion with a friend of mine yesterday. He is my potential lender and has money to invest but is skiddish about jumping in. I told him that with his backing and my drive, knowledge and will...
This is a "help me"/ post-mortem of a offer I presented to a homeowner today.
I toured her House, and they are living there, but the house is not even rent ready. They started many projects and didn't finis...
Hello All,I am getting to the point in my real-estate portfolio where the taxes are getting a little unruly. I have 4 rentals that are each held in a separate LLC for maximum asset protection (I know there seems to be...
I wanted to post this to see if anybody gave me some ideas on what to do to overcome this challenge.So I bought a house from a wholesaler that needed rehab last Feb, I went through the whole full rehab, the rehab was ...