Antony Charlier
Main things to avoid or look out for when investing
Im a newbie investor no deals under my belt still just learning. I want to start off my journey in investing rentals .What are some major DO-NOTS when it comes to real estate in detail and examples would be great as w...
Drew Cameron
Heloc to pay off mortgage faster
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Cory J Thornton
Is the need for affordable housing creating new markets?
I have been thinking through housing, affordability, and the effect on what until the last few years have been dead markets. Any home with a decent commute to a decent market is not affordable.
Over the last few yea...
Michael Moskos
Tenant Wants to Replace Appliance
Hello! I own a 3-flat in Chicago and my tenant is interested in replacing the dishwasher . They are looking to service and install all himself and his defined his budget for this. I would replace myself but just added...
Arn Cenedella
Rich Dad says a home is a liability………
Many investors quote Rich Dad to support their contention that a HOME is not an investment.Often this is done as an argument to invest capital in their commerical real estate deal instead of buying a home. Let me also...
Daniel Hart
Need advice on a wholesale deal gone bad.. Some say I am liable..
I was pressured to place an auction bid on behalf of an acquaintance of mine. I didn't want to do it because I wanted the house for myself, but he told me he would hire someone else (and outbid me) if I said no. ...
Pavel Sakurets
I'm surprised that from all the people on BP nobody knows the answer
I posted a question before if anyone knew how to find vacant properties besides contacting cities and driving neighborhoods. Shocked that nobody responded with an answer.We find that only larger cities have these reco...
Shiloh Lundahl
If you have less then 20k, you shouldn’t invest in real estate
I know that many may not agree or may even be offended by the idea that if you don’t have 20k you shouldn’t invest in real estate, however, It’s true. If you’re an adult and you have no money saved up, then before you...
Brandon Schlichter
My 2015 Goal : 50 Units by end-of-year
Current portfolio metrics :10 Properties15 Units17.15% Un-levered ROI average per home56% Average equity increase per rehabThis is a hybrid kind of portfolio. Our plan is to buy SFD & Multi-Family properties from ...
Michael Guzik
Those who can't succeed... teach?
Hey Guys I was on another forum and Tim Gordon posted something that really struck me. He said " At this stage of the market, those who can't succeed teach." This is something that I wholeheartedly agree with and some...