Wendell De Guzman
Real Life of a Real Estate Investor
Alright...I am going to post what happens every week in my real estate business. Why? So you will learn from my mistakes as well as get inspired by my successes. I also hope by doing this, BP Nation will help me ac...
Karen Higgins
BEWARE of fraud by erentpayment.com
We are currently in the middle of a scam by erentpayment.com. They have taken money deposited by our tenants and have refused to pay us. They have been very limiting with information and turned their phones off and ...
Joe Au
Use HELOC to paydown mortgage fast
I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?
Alexander Knox
Success in Rental Arbitrage
Hi all,
I am curious about how people are successfully operating rental arbitrage businesses. I own multiple rentals in the south/mid west and recently I was approached by an aspiring arbitrager to lease out one of m...
Helen Zhang
Cleveland Population Decline... Why?
We all know Cleveland Population is Declining every year. I hear a lot of reasons, but other than jobs as being the main reason, I cannot seem to find other reasons that make it reasonable for the declinning populatio...
Lori Greene
What has kept you from progress? (And did you overcome it?)
Having had so many investing students and BP members express their issues around funds, education or just plain fear, I thought it would be helpful for everyone to not only hear from investors having challenges or hes...
Suzette West
Heads Up Ohio Wholesalers! Potential NEW Legal Ramifications of Wholesaling
The other day, I had an interesting conversation with the executive director of the Ohio Department of Commerce. He had called me in response to a complaint I filed against a broker who asked me not to make any offers...
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
George Gammon
Adjustable Rate/Ballon Payment Crisis Ahead?
Below is a chart of the interest rate on the 10 year going back to 1880. As we all know the 10 year is a reasonable benchmark for mortgage rates. In other words, or what matters to investors, the 10 year determines ...
Brian Burke
Syndication Investing During a Recession
Investing in real estate during a recession makes many people feel like a long-tailed cat in a room full of rocking chairs. For others, it’s an exciting opportunity.
In my 30 years of real estate investing, I’ve see...