Rich Weese
obama says we're doing great! Why don't I feel all warm and fuzzy then?
Obama sounded almost giddy on how well the country is doing. The stated unemployment rate only ROSE to 9.9%. HOORAY! (however, when you include EVERYTHING in that category, it is 17.4%, almpost a record high)He says t...
Scott Goulet
When do your rentals typically start making money/making sense?
Hi everyone! I'd like to say in a fairly experienced investor, still a newbie at heart though. I have 8 doors over 3 properties. 1 specific property, I purchased in 2019 and in 2019 I took a net $9k loss, and in 2020 ...
Gerardo Hernandez
I feel like I made a mistake
Hello everyone, I have to say I am freaking out!! I got a new job over an hour away and I have been driving for over a month and I hate it! I have been trying to find a duplex to house hack but there isn't much in the...
Nicholas W.
This BRRRR thing really does work, with pictures
First a little bit of background on the house: it is a 3 bed 1.5 bath cape cod, in an older neighborhood of a class A suburb outside of Milwaukee. It was listed on the MLS, had been bank owned for about 5 years and wa...
Kennith Osborne
Buying Vacation Rentals in Gatlinburg
I am considering buying my first rental property in the Gatlinburg area.
I am hoping to get a property management company to stay hands off so I can continue working full time and hopefully be able to purchase a sec...
Jonathan Weinberger
Today I fired the Own It Detroit team after spending over $800k with them.
So this may be a long post, but I want this to help others who are exploring out of state investing in a new territory like Detroit. I've been in investing in Detroit since early 2023. I started my investing journey i...
Don Konipol
Why I will no longer answer questions from the unknowledgeable
For the last 15 years I have been answering questions from unknowledgeable wanna be investors who watched a guru on YouTube and now wants to know where to get the earnest money to tie up multi million dollar propertie...
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Emily K.
Who has air bnb rentals that they don’t own?
Hello everyone! I currently manage 3 Airbnb properties and was searching for purchasing my own Airbnb property. Because I am not financially prepared to purchasing property, It was suggested that instead of purchasing...
Jim Welch
How long should my flip property sit on market before I worry
Dallas Texas MarketPurchase Price: 84kEstimated ARV: 149kRenovation: 30kCurrent Days On Market: 55Original Listing Price: 149.9kCurrent Listing Price: 146kCurrent Net Profit Potential: 10kThis is my first flip and I e...