Tracking your net worth as a real estate investor can help you make informed financial decisions. It will help you clearly understand your current financial position to see if you are reaching your goals. It can also ...
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I want to start by saying I’ve done many wholesale deals and am very aware that listed properties are not ideal for wholesaling. However, this situation is a bit different and since I’ve never dealt with a listed prop...
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Hi BP!
I am new to BP and I am loving it! I listen to all the podcasts and love reading these posts.
My wife and I are not fans of debt (good or bad). We worked very hard to graduate from college debt free. We are b...
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What are some lessons y'all have learned from your rentals that you think nobody should make? Best things to put in your leases?
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Any tips on getting over the initial fear of the first deal would be much appreciated!! I currently made an offer on a single family home in joliet, IL. I've ran the numbers and it should cash flow around $250-$300 p...
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Hello All,
Renovating my first property and I made a rookie mistake, a major one--I found out that my first contractor (who came recommended) is unlicensed in California!!!
I am two weeks into redoing several of th...
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Hi,I am a newbie to REI. I am interested in Non Performing Notes (NPN). I have looked at FCI, Watermark, Granite and PPR. Nothing impressive to buy at the moment.I am aware that NPN are mostly traded in bulk tapes bet...
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Has anyone here worked with Memphis Investment Properties before? If so, can you tell me about your experience with them? How are the property managers? Any issues?Thanks in advance!
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Here is a situation I'd love your feedback on: My first rental property (the Kurt Cobain house) has had a little old lady living there since I moved out 6 years ago. She has been paying $510 pretty much all along. The...
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Hi all,
My wife and I purchased a home 7 years ago (at the high point of our market). We still owe more on the home than it is worth. We are considering moving and I am trying to analyze each option. My 2 ...