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I live in CA and so far have only owned rentals in CA. I am looking to invest in small multi-family properties out of state (WI and/or IL), 50/50 with a partner, for better returns, and am curious how others in CA are...
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Hi all, I am looking for stories and motivation on how you become financially independent through scaling your real estate business. I personally own a few rentals, some short and long term. I am still working a 9-5 a...
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Hello. My primary residence has a large backyard that can easily fit an ADU. Based on some online calculators I used, I can probably get a HELOC of about $150k in 3 years time. It could cost up to $450k to build the A...
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Hi fellow BP-ers!
I am a new investor looking to get your advice on my current situation:
*Paying mortgage on my residence that has about $250k in equity
*Not much cash on hand
*Interested in BRRRR method or flippi...
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I’m an active duty military investor just starting out. We just purchased a SFH at our next duty station that we intend to live in then rent. I’ve got big plans and strategies for the future and my journey to financ...
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Im am looking at a 10 unit apartment property for my 1st multifamily. It is near a good college,only 30mins from me, and is below market rents. I have a LOC on some land I own clear, and I plan on using it for the dow...
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I felt some amount of fear/panic. I'm old enough to have been around for "black Monday" in the later 80's. Good thing I had no money in the Market then as I witnessed a number of people go bankrupt on margin calls. ...
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A few questions below:Are renters in general bad at managing finances? My unit cost 3k/month to rent but you can get cheaper units for much less. My tenant is constantly late, which is a clear sign of financial issues...
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Hi everybody, my name is Vic Alaban and I’m new to BP. I'm not really comfortable sharing my life in public especially that I'm an introvert but it's Brie Schmidt that advises me to do so. I believe that she's got de...
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I am 24 years old and have recently graduated with my master’s degree (read: not rich). I have a job secured in Dallas that pays $50k pre-tax, and I’ve been pre-approved for up to $211,000. I’ve been listening to BP p...