It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Hello BP investors, I haven't seen any recent postings about Pace Morby's Sub To Mentoship program and wanted to see if anyone can give their honest feedback about the program who's joined recently? I noticed quite a ...
I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
Hi, got an extension of filing since getting bogged down with details. I have two residences I airbnb out (whole house) when not there. My expenses far exceed my income and so I'm getting limited on many expenses. Can...
Do you go with a 30 year mortgage or 15 year? I just closed on my first REI and took the 15 year. It was $146 more per month on a $60k loan. Seemed like a no brainer with the interest savings. It's not cash flowing mu...
I'm nearing the end of real estate school and will be taking my state exam in mid-July. I've been reading @Scott Trench's book, Set for Life, and I'm bought into the concepts. The problem I'm having is... figuring out...
If you are one of the people on here posting about the market crashing, and expecting deep discounts some time in the not so distant future, then are you selling your portfolio today? If not, why not? Things are still...
I looked at a property today that was listed by a wholesaler I get emails from, he listed the property at $48,000 I met him at the property and looked it over I called him later and offered him $30,000 he could not ex...
I figured this would be an interesting discussion to have. I am really excited to hear from the folks who are much older than I am on this one. As they say "you don't know what you don't know"
@Jay Hinrichs
@Russell...
Hello bp subscribers. My wife and I are brand new to the real estate investing world, and are looking @ all of our options for financing out first property, and one of them is possibly taking from my employee based 40...