Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
Jimmy Humphrey
Over Leveraged?
Hi,Listening to some of the podcasts and reading the blog, I keep feeling this inner red flag that keeps popping up in me. I get the feeling that a lot of folks are advocating being over leveraged and taking on an un...
Ryan Ray
Facebook Ads Help and info
Hey BP,
I have spent a lot of time, effort, and energy learning how to use Fb ads efficiently in my business. I am about to launch my first campaign looking for motivated sellers. Who has used Fb ads? Have you had s...
Ryan Guffey
Starting while working 60 hour weeks
Any tips on getting started while working 60 hour work weeks?I've been trying to read a few books, and start getting a plan together but I haven't been able to start networking or anything yet. I dont have much financ...
Jeff F.
Cheyenne, WY 7 Unit Apartment Complex
On December 2, I closed on a 7 unit apartment building. When I made the offer, I saw a lot of things, but the two most common were disaster and potential. Due to the size of the place, the insane income numbers, and t...
Kyle Bigger
Seasoned investor wanting to walk away from it all
Hey BP! I have an interesting and important dilemma in real estate that I don't feel gets touched on enough. It's something I've been struggling with for years, despite the tremendous success I've had over the last fe...
Account Closed
Who thinks Detroit will turn around within the next 5 years?
I've been on BP for a little under a week now, I love this site it's so informative. My question to you guys though is "Do you believe Detroit is making a turn around for the better & Will the change be noticed...
Michael Ealy
Is "Stupid" Money Chasing Millennials in Your Market?
Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...
J. Martin
Using range of expenses in your profit / ROE estimates?
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Chris Heeren
Duplex came with Drug Dealers
I just purchased my first Upper/Lower Duplex and have 3 tenants in the upper unit. I have been renovating the lower the last few weeks and am almost ready to rent the 3 Bedroom place out. The upper tenants are nice...