I don’t hear much about turnkey properties on the BP podcasts. Is there a strategy for buying something that someone else has already improved or is inexpensive (or off-market) and starting to do a short-term rental ...
Hello BP community! I'm almost a year into my REI journey and I currently have two sf houses. I originally paid 131k for my first property in Joliet,IL which casflows $300 per month after all expenses paid. The dilemm...
I just finished my pre licensing course to become a real estate sales agent. I am now aware of the need to budget money in between sales, to attempt to protect you from being broke. I currently work 2 jobs. Once I pas...
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Do rental rates usually fall when interest rates increase and home values decrease?
Hello BP! I have a client that owns a rental home here in San Diego since the 70's she is ready to do a 1031 exchange and will have 400k after sell. She is retirement age and doesn't want to deal with property man...
Hello!
My family and I are currently staying in Cancun, Mexico for an extended period of time.
I am interested in meeting active investors who have personally done flips/holds/Brrrr in the area of residential or mu...
I have a question about foreclosures. I know that in most states, when a property is foreclosed and goes to the courthouse auction and you are the high bidder, you own the house that day. In Michigan, if someone doesn...
I just signed up for an 8k real estate course. I only had 13,000 in savings, but figured spending over half to invest in knowledge was worth it. I paid late last night and woke up with some worries. I am unsure if I s...