I was looking at a 3 income property in Milwaukee, WI that is listed for $175,000. It is a duplex and a cottage on the same lot. The total monthly rent is $2,300 and it is fully rented--2 long term tenants. I am n...
Let’s play a game. I’ll tell you why I’m betting heavily into the Phoenix real estate market. I’ll detail the stakes. I’ll outline my reasoning and then you get to poke a thousand holes in my theory. Ready? Go!!The St...
I'm looking to pull all the equity out of my first home purchase, which is now a rental, in hopes to buy a duplex or a quadplex.
My first mistake is renting to family but it is what it is. I'm collecting $1,800 a mon...
I’ve been looking into purchasing my first property so I started an LLC to help protect my personal assets from potential lawsuits. I was going to purchase it through the LLC. The banks have said the mortgage needs to...
Hi All, I had new tenants (students) move-in in September, and 1 week after moving in I had to let the water company in to change the meter. I couldn't believe what I saw! The place was party central!! Beer pong tabl...
We have a NPL on a SFR property in Illinois with a foreclosure sale date next month. Borrowers finally came to the table for a loan mod earlier this month (they have been disputing the debt for a few years). They subm...
Hello,Hope all is well with everyone. I'm an aspiring real estate investor with the ultimate goal to one day own an apartment complex and live my life with full financial freedom. Although I am quite ambitious, I a...
Good evening BP fam. I hope your day is going well. My name is Don Carey. I’ve spent the last 10 years playing in the NFL. During that time I have acquired some real estate here and there. We currently live in the Ham...
I am a new member and we finally closed on my first multi family investment last week. It is 68 units in Orange Texas. It flooded for the first time during hurricane Harvey. So it will need a complete interior rehab...
Hi all.My wife and I have managed to buy a few investment properties but they all have been through a realtor. Our dilemna now is that we have found a magnificent deal but it is a For Sale By Owner. Since we haven't p...