I know many on BP concentrate much of their wealth in real estate because it is what they know well. I was wondering what everyone's thoughts are on the diversification versus concentration decision. Are you an advo...

Iron Sharpens Iron. I want to hear your most effective ways at increasing rent from an already existing tenant.I personally write up an email or letter 60-90 days out from renewal explain that their rent will be going...

I signed a tenant who has her and her daughter on the lease. Soon after moving in a see a man moving in with her who turns out to be her fiancé. I spoke with her and let her know per lease if he’s going to be there 10...

Hi all!Would YOU do this deal?$1,000,000 for 3, 3 families.Total GROSS rent $10,600/monthOwner financed $1,000,000 at 3-4% over 15-20 years.Seems like a no brainer. Let me know your thoughts please.

Hello, we are in the process of pherchasing our first property( Hopely) Seller is a bit motivated to sell and we want to do short term rental. when you submitting offer how do you guys calculate? We want to make sure ...

Hi,I want to get into the bigger multi families. I am located in northwest Chicago.  I currently own a single family. Was planning to get a 2-4 unit to ease into it but if I see a good deal on a 5+. I want to be prepa...

I have a 3 story 3 fam with separate utilities and the 2nd floor boiler need replacement in the near future.. Its stamped 1981, and there are burn marks on the outside of it.. The tenants are seeing high gas bills...

Hello BP community!My first RE project will be a fix and flip, just to start gaining capital before getting into buy and hold properties. My question to start is, do you find it best to use hard money to fund the purc...

Hey guys, So I've heard this rumor that the goal in real estate is to actually make money.  With that being said I am very confused as to how this deal would make sense to anyone. Now I am still cutting my teeth when ...

I wrote this blog post the other day and thought I'd share it here to share as well! Have you heard stats such as “80% of millionaires attribute their wealth to real estate”? Or heard stories of living the good life o...