K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Chris Reynolds
Tenant won't move out and requesting a Jury trial...
I have a tenant who is month to month and is a lawyer who has a checkered past to put it nicely, he is a felon, but has been given his law license back. He has stopped paying rent, and told me he will not pay, or move...
Derek T.
Realtor Charging for Comps?
Okay so I have a buyer's agent who I work with to view investment properties and to evaluate deals however he lives about 50 miles away and can only get to me to see properties once a week. So I met another agent at ...
Lee G.
Factoring in Property Management is Overrated
Is factoring in property management into your investment spreadsheet overrated?Cons of property management: I always care about my property more than property manager, lower ROI, and the probability you lose touch wit...
Meryl McElwain
Wholesaling-how exactly does it work?
I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.
The story is true; which leads...
Russell Brazil
Be Careful If You Are Overleveraged
Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...
Patrice Boenzi
Wholesaling - Is It About to Change?
The Real Estate License Act (RELA) of 2000 is about to sunset. Check out the changes they are making to the RELA regarding wholesaling. How do you think this will affect things?
Excerpt is taken from the article pos...
Bryan Danger
Exit Strategy/What's your "number"?
I spend a bit of time reading and contributing to different forums... Real Estate, FIRE/Early Retirement, Sailing, Overlanding - and every time I come here to BP I'm left wondering why the discussions/goals I see on ...
Kyle J.
What’s Driving California’s Mass Exodus?
Just watched this fascinating and well-done story by CNBC on "What’s Driving California’s Mass Exodus?"
Now, I live and invest in California, so I'm definitely not a California hater. However, I'm also no California...
Lisa Marie
Are REIAs a scam?
Dear BP,I'm attending my first REIA event today and it seems like a scam. I'm a bit skeptical when they are throwing stories of $$$ left and right. Any thoughts?