A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
I see a lot of discussion with people saying they want at least $100/door but I don't really understand how it can be a good metric unless there would be a big value add opportunity with a big cash out (limiting the i...
Intro…Keeping with the spirit of @J Scott 's “Diary of a New Construction Project” where we jumped into a HUGE project that we never really had done before, “Tear a house down and build a new one back”. This adventu...
In March 2015, we worked through Maverick Investor Group to purchase a property in Birmingham, Alabama. The Seller was Birmingham Income Properties - owned by Brad Lewis and Bryan Conwill. Property Management would ...
Alright BP Nation, this is the start of Year 2 of the Real Life of the Real Estate Investor thread.In the first year of the Real Life of a Real Estate Investor, without meaning to do so, it attracted and resulted in ...
Hello Everyone!
I'm trying to convince my finance/MBA friend why REI is a better business decision than investing in the stock market and I'm not sure he's convinced. What is the best article on BP you've re...
Hi All, It has been a very hectic and busy 9 months for me going from 0 to 60 in real estate. I always get a rush from reading some of the success stories posted on here so i figured i might as well share mine. It has...
My husband and I discovered BP this summer and are ready to start invest! We have enough capital and are actively searching for deals and running the numbers. It’s exciting!
Anyone else got started at or around 35? ...
I just ran into some unfortunate times in my investing career. I recently attempted a rehab and flip project and had to sell it for a loss before completion due to the two family home that I live in as well the tenant...
I am currently saving up to buy my first property (a househack) while finishing grad school. I have a job lined up in Dallas, which is theoretically great for long term appreciation. However it's also highly competiti...