Hello everyone!I’ve been trying to figure this out lately, but I recently purchased a negatively cash flowing property. Yes, I know - you should never buy a negatively cash flowing property, but I truly believe in the...
So I am using an agent to find a tenant for my property. I get an application and my agent says he is a nice normal guy.I get the application and it is MOSTLY complete and states he makes almost 18x the monthly rent I...
What do you personally keep in reserve for each one of your single family homes? For my area and the value of my property as it seems prudent to have no less than 1500 in reserves for each property.
I live in the suburbs of Washington, DC and trying to embark on my first real estate investment. Since I don't have much capital or experience, I wanted to partner with a real estate friend who is willing to contribu...
We all are inspired differently. I'm curious why other people on BP started their financial independence journey. Personally, I sought financial freedom after reading Rich Dad Poor Dad during COVID and realizing that ...
In order to succeed..............someone or others must fail? Agree or disagree?This is a general question, which pertains to pretty much anything, including real estate. In real estate, there are many properties, but...
My last post about my start in real estate got a decent amount of traction and I'm looking to continue providing some value to those starting out.
I'm a former data scientist and my superpower on teams is underwritin...
I'm new to making money from real estate, and recently I learned of flipping land via Jack Bosch. It's simplicity was what truly got my attention.
There's a lot of information which is just not applicable to land, s...
Hey BP Fans,
I decided to start a thread in here to see who's lurking around here in Saint Louis, MO or the surrounding areas? I'm looking to increase my network!
I was thinking in a long term view. Take two examples, tell me which you'd buy.House 1:100k house, 5k down, 20k in repairsRents for 2kCash flow is 500/moHouse 2:500k house, 25k down, no repairsRents for 4kCash flow i...