Mike Finn
At what point does it make sense to sell a BRRR property?
Hey everyone! Question - I understand that the point of BRRR is to have a property that you hold on to to increase your monthly cash flow as well as build equity overtime. But at what point does it make sense to sell?...
Erick Sanchez
Self directed IRA? Who is doing this? Is this as good as it sounds?
I mentioned in a prior post that I had purchased the Armando Motelongo 3 day class. In this class they spoke about Self direct IRA. They said you can put an LLC inside of this S.D. And do your business from inside thi...
Mark Neiger
Analyzed / paralyzed newbie, cash burning a hole in wallet
Been on BP for about a month now and this is my first post. I'm starting to feel that paralysis by analysis feeling. In the last year I've read two dozen books on real estate, done hours of research on the web, lis...
Christopher Veljkovic
First time LANDLORD in NJ needs a little guidance
I am purchasing a duplex as a first time landlord in northern NJ. I will be house hacking however the other unit will be vacant upon purchase. I would like to be prepared from the first day of purchase so here are my ...
Samantha Prince
best path to FI at 25 yrs old
Hey BP,My husband and I are 25 years old. Just bought our first house back last year and on a clear path to purchasing our next by the end of this year/early next year. We opened a Roth IRA but have yet to contribute....
Ryan Blake
Ethics when buying off market properties
I have a homeowner who owes $50,000 on her house. She and her husband can no longer make their payments. I talked through everything with her and will be going out to see their house early next week (6/5/18).My deliem...
Chad Clanton
How To Vet and Work With a Contractor
There comes a time for many of us starting out, particularly in rehabs, where we wonder what exactly our contractor is doing; or where he is; or why he needs more money RIGHT NOW?! In fact, that time seems to come for...
Bruce C.
What's the Scam Here and How do You Use Craigslist to Advertise?
I started my STR in Galveston at the end of February this year. I've averaged about 85-90% occupancy so far, and all but one booking has been through AirBnB, the other being VRBO. As we are getting closer to the end...
Mindy Jensen
New BP Book: Real Estate Note Investing by Dave Van Horn
Whether it’s through mortgages, student loans, or credit card debt, nearly everyone (especially real estate investors!) is in the note business. The trouble is, most people are on the other side of it: writing checks ...
Lee David
The Next Step - Business Plan Needs a Tune-Up
I have been at this game for about 10 years now and own/manage about 20 rental units in my mid-major city. They are 1-4 unit homes. Rental market is good and vacancy is not usually an issue. They are cash flowing de...