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I'm reading a book by Robert Kyosaki entitled, "Why A Students Work For C Students and B Students Work For the Government". I agree with most of his views of our public school system, the dangers of an entitlement so...
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Hey everyone ! I’ve posted a few times before but it seems it’s been a while and so many things have changed . Quick summary ! Young guy, owe about 2.6 million in loans in RE , also have a job that’s yields about 200-...
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Hi Everyone,
I am fully prepared to take some heat for asking this question, and recognize many of the problems with long distance income property ownership and investing in a "network" but wanted to ask anyw...
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Hello BP members! I wanted to share with you my latest RE project. This is our 3rd RE transaction since jumping into RE in December of last year. First deal was a buy and hold 4 plex, then a flip which we are listing ...
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This is probably not a 100% real estate question but more of psychology question i guess. So here is the deal, one of my very good friend is going through a rough marriage and lately he is been involved in an affair w...
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Flipping my first house and first time dealing with sub-contractors. The electrician that gave the best bid wants 50% up front. I balked at that and he said he can do 25% up front. He said he doesn't want to fund i...
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Hi everybody!I thought I’d turn to the forums because I saw an interesting deal, but there’s some red flags. Since I’m relatively new to real estate, I’m hoping some more experienced people can guide me in the right d...
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Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...
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I know this is a loaded question...I am selling a property in NY and live in Maryland. I do not like the idea of an out of state rental but looking for a good area for cash flow and the least amount of headaches. I...
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Hi BP community,I am pretty new to running a rental property. I recently took over managing a property for family in the San Francisco. I was discussing rent and property situation with my tenants, and they got pretty...