Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...

Hi All  -I am gut renovating a 2300 sq 2 family house into a 4 unit 4100 sq ft multi-family building.  I have the ability to start from scratch?  Assuming 3 units are about 1000 square feet and the fourth is 700 squar...

Good morning BP community!

I have been studying REI for about a year now and am ready to move from analysis paralysis to making my first deal happen in 2013. I attended my second local REIA meeting last night and was...

I sent out 1000 direct mail yellow letters to absentee owners in Fairfax County. The response I got was only two phone calls, both highly unmotivated.  Is this typical for the area?

Syndicates are paying at 3% cap for properties, they are paying interest on the property at 4ish % including buying caps etc.
For cash flows- if your debt is at 4.5% and your cap is at 3%, youre negatively leveraged....

I love reading. I try and balance my reading among different topics so I don't get bored. I typically read business related books, personal growth books, and fictional stories. But what books do you recommend that are...

I am thinking about getting enough credit cards to buy a home with them instead of using the bank..

Here is why.. I bought two homes this year and I am almost out of money.. My thought is this. If I can buy a third h...

Hi, guys:
I have several questions that I dont get right at the moment. Im doing a bunch of projections and calculations with a variety of scenarios to get confident enough to buy my first deal. With this my question...

We own a duplex in an expensive hillside neighborhood in Los Angeles. The house behind us, which has a very large lot and we share a long property line with, is for sale. If we purchased we would own almost a half acr...