I think a lot of people have trouble reconciling an abundance mindset with the omnipresent, "live below your means," advice.To achieve great success, we're told that we must take risks, act as if, and spend money to m...
I've been noodling on this for a few weeks, and the more I think about it, the more I'm starting to convince myself that large multifamily is one of, if not the most, riskiest asset classes in America right now. Here'...
Or is it just incomplete?
House 1:
Units: 2
Gross Rents: $1,000
...
Just wondering if there could be any issues with unknowingly renting to illegal immigrants. As a landlord, are we responsible for inquiring as to their citizenship? Could we get into trouble legally if we don’t?
Hello BP, my wife and I recently bought our first rental (a Duplex in Sacramento) We inherited tenants on both sides. They have both been long term renters at this property, and after inspections they both seem to tak...
If you had a million dollars and it was the only million you had sitting in a money market account drawing less than 1% per year how would you invest it?
Hi Everyone,I’ve been lurking for a few months now and this is my first post here after trying to get a lay of the land. Apolgies if it’s long, just a lot on my mind.About me:- Live in the East Bay Area- Wife and I ar...
It seems to me that BP has changed. I can’t put my finger on exactly when - but, I think it started about 3-5 years ago. Up until then, BP was filled with good stuff, real value, from real REI at all levels. The conte...
Hi guys I was thinking about this today and just wanted to ask this question and see what your opinion on the matter is. Many people in and out of real estate frown upon wholesaling. There are so many negative stigma...
I have looked at 50-100 deals in my area of West Los Angeles. It is difficult to find properties that are cash flow positive after expenses and debt service. Basically, the deals do not look very attractive. I am curi...