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In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...
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Clayton Morris is seeking $7,176,000 in damages from me & HoltonWiseTV for releasing the documentary about the Real Estate scam allegations involving him, Morris Invest & recently indicted Bert Whalen.
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To borrow or not to borrow, debt free is the way to be etc etc etc. The way I see this is a risk vs reward. How do you decide though where the risk is to great or the reward to little? How do you decide to purchase a ...
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Hello CA BP members!I am new to REI and joined BP several months ago. We live and Turlock and are looking for buy and hold multi family opportunities for cash flow. Unfortunately our area will not support cash flowing...
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...Dumb.
[Sorry to be mean. My comments as an owner -- rant ahead]
Seriously. How much are you guys paying for your "lists". How many of you think buying a list of: owners that got a red tag. owners that got an...
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Hi everyone. I am new to real estate investing and I have been reading books and following the bigger pockets posts. I am looking to do my 1st real estate investment. Currently live in New Jersey so I will be doi...
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We're learning the importance of reserve funds right now and in the coming months. In terms of months (I don't need to know your exact dollar amount) how much do you have in reserves?I'm talking every expense for your...
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BP,I am in the education phase right now. I am consuming every drop of information I can via reading, blogs, podcasts, YT, etc. I am ready to move forward with my first property as soon as the first of the year, may...
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Curious to hear people’s views on the case? I could see the entire industry being changed or some different legal language to some legal forms and things more or less continuing as is. As an aside I do think the combo...
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I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...