I have been lurking around this site for a couple of years now. In 2020 my wife and I were seriously considering doing a STR. We picked Nashville as the market we wanted to pursue. Long story short, the market was ...
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...
Years ago I learned that when everyone is headed in a direction that you need to pay close attention to what is going on to avoid pitfalls. When my chiropractor started telling me that he was going to buy two rentals ...
Hello Everyone! I am a senior in High School about to graduate and am very tempted to drop the idea of going to College and dedicate the next four years of my life to working full time and saving all of my money to pu...
Hi bp. Putting an offer in on a property that may be getting multiple offers. My agent wants to waive inspection contingency. This is my first time buying a property and going through these Steps. Is this common? Is t...
Lets see how much thought is going to go into this housing / bank bailout . . . frankly, I'm starting to think that the move to make is to stop paying the mortgage so I can:
a) Get "bailed out"
b) Renegotiate my loa...
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 ...
I've come a pretty far way in my investment journey, having acquired 400+ units in the last two years. When I was first delving into this business, I was afraid that I knew nothing, and that I would lose money. And ...
I live in San Diego, CA and have been looking for options locally but the numbers aren't adding up to my planned budget. I have been looking out of state at cheaper multifamily homes and those seem to bring the cash f...
I'm young and trying to learn as much about real estate property rental investing as possible. Like a lot of first time investors, I'm looking to break in through multi-family properties. I reached out to my grandpa (...