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...
John Hickey
How to build a real estate empire in high Crime area
Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
Arianne L.
27 y/o Female – 50k debt to $1M+ net worth (24 units,50 deals/yr)
Hey BP! Wanted to share a quick story and our progression for anyone who might find it useful. None of this is intended to brag, as there are many more amazing people than us out there. It’s just here as an example o...
Melanie Hartmann
Quit My Job and Plan to Wholesale
Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...
Christopher Davis
Analyzing homes on the market, numbers never work.
I get that BP is selling the sizzle a bit. I have been studying and studying. But no matter what, I simply cannot make the numbers work.
I am in a still-affordable-yet-booming metropolitan market in the southeast. Th...
Jay Marks
New Landlord Wishing To Evict Existing Tenant....Help me out
Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
Billy Zhao
Pros and Cons of Raising Rent Annually (or when renewal)
I wish this forum has a search function as I'm pretty sure this topic has been discussed in the past and there are probably plenty of opinions on the matter. Anyways, here we go:
I have two tenants that are up for re...
Jonathan Greene
5 Tips To Create A Real Wholesaling Business And Not a Chop Shop
I am generally not a fan of wholesalers. I find the majority of them to have low repair costs and high ARV. I see way too much daisy chaining. But...the good ones are fantastic. The good ones use some or all of these ...
Account Closed
Please 'splain it to me like I'm 12 years old.
I do not wish to criticize, but I have found the Norris Group's postings (here and elsewhere on the Internet) to be long on theory and short on detail. It was claimed at another board that lenders exist for end buyer...
Eliot M.
Disagreement w/ Property Manager
Was wondering if I could get some help on dealing with my Property Manager. I have been under contract with my property manager for almost 1 year and have decided that it's not worth the money to continue doing busin...