Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...
Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...
Hey guys, I'm 23 and closing in on officially purchasing my first rental property, just finished inspections this week. The property is a 4plex in a great part of my town. Two of the units are currently rented to LONG...
This might warrant some raised eyebrows but I always asked myself the same question: If real estate is a great way to become wealthy, why isn't everyone doing it?Now I'm not saying investing in real estate is easy, be...
I've heard this statement many times on BP, "Most people just don't like being landlords."My questions to you all are; How would you go about finding a prospective buyer who does like the idea of being a landlord? Wha...
Seems like wholesalers are pretty much unlicensed brokers. Whats the difference? A broker is the middleman, is that not what a wholesaler is?
I believe this business is all about marketing so beginning tomorrow I'm going to detail for 30 days the marketing types, quantity, frequency and prospect groups.
I'm also going to post actual numbers of dollars sp...
How many people are financially free on here? For those of you who are, do you still work or are you "retired" and living off the cash flow? If you are financially free, which method did you use to acquire it? (ie buy...
I’m new to BP and am venturing into buy and hold REI with a skeptical spouse. He supports me using my inheritance funds for investing, but chooses not to participate himself because he lacks confidence in and understa...
Saw this article on MSN Money today: The answer to this question will tell you if you're wealthy. ---------------------------------------------------------------------------------------------Excerpt from the article:...