My goal is to acquire 167 rental properties in 5 years generating $500/month on average.
Im starting my first year and am planning to buy 10 properties in 1 year. I’ll have $50K saved and $8,000 in credit lines.
M...
So we all know the market is crazy right now - i don’t know much, read a couple books and have more I want to read. One year from graduating college. I keep seeing stuff over and over saying we’re due for a correction...
Hi BP community, Before I write about my specific situation - I really appreciate any replies, thoughts, or comments in advance. It's a pleasure learning from everyone here. Please feel free to be as critical/constru...
Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
Calling Washington Investors:Rental and home price ratios are currently abysmal in the place we call home. Not to mention, interest rates are the highest they've been in the past 10 years. I'm curious if anyone has co...
Hi all,I'm planning to buy my first long term rental, a single family resident in the next 3-6 months. I'm in the Bay Area houses here are very expensive for me to start with. I have relatives in Houston, TX and did t...
Everything has gone wrong all at once. I have 13 doors- which you would think would be able to handle about any issues that popped up, but the issues have happened too fast. I had insurance require roofs to be done- s...
My wife and I want a different life...where we are not accountable to anyone but ourselves...who doesn't right?If you click on my bio you will see our basic background and goals...short...I promise. We are not beholde...
I have a duplex that I owe $135,000 on that currently generates me $1000 per month in passive income. My primary house has a mortgage of $329,000. I recently sold our old primary house and I have around $200,000. I...
Let's set the tone straight; most people don't get into the rental business because they like to manage problematic tenants, deal with leaky toilets or attend eviction hearings.Most people follow traditional investmen...