Abraham Anderson
$1,300,000 Deal at Age 21 & I'm Retired!
Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
Ron Brady
Avoiding Bias. How do other investors do it?
A CA couple is suing an appraiser for what they assert is a lowball appraisal: https://www.washingtonpost.com... For a second appraisal, they removed all hints that a black couple lived in the home and they asked a wh...
Levi T.
Towing Tenant Vehicles When Rent Is Late
I had this idea I've been malling for about 5 years now, it's related to car title loans with process collections, it's always been complicated so I never got past the legal phase... but then the other evening it hit ...
Michael Warinner
I dropped out of college last week.
I’m 20, and I just dropped out of college to pursue RE full time. It’s not that I was bad at school- I had a 3.1 GPA heading into my junior year, but I just decided that since I have clarity on what I want in life, th...
Henry M.
Examples of Mortgage and Real Estate Fraud Investigations - Fiscal Year 2013
The following examples of mortgage and real estate fraud investigations are written from public record documents on file in the court records in the judicial district in which the cases were prosecuted.
Defen...
Richard Purdy
Just got 60k. How can I double/triple it?
I just want to make as much money as possible at this stage of my life. I have 60k. What’s some ways I can double or triple it within a year or so? I’m specifically asking how to maximize my return within the field of...
James Wise
"Subject To" Real Estate Investing is Slimy. Prove me Wrong.
"Subject To" Real Estate Investing is as Slimy as it gets. There are ZERO situations where it makes any sense for a seller to sell their property in a "Subject To" deal. The only times these deals happen is when some ...
Josiah Patrick Zebarth
NOT going to college, what should I do?
Greetings BP, I’m 17 years old rookie investor. I got into real estate almost a year ago, I’ve read the classics (Rich Dad, Poor Dad; Think and Grow Rich; Richest man in Babylon) and many other more real estate specif...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Timothy W.
Sarah Palin Resigns as Governor
No not because she had an affair, but because she's focusing full time on a Presidential run in 2012. She's burned her ships. There's something you need to understand about a woman like Sarah. When a woman like her ...