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This was my second deal after the house hack I completed in 2018. Going into this deal the mindset was to gain experience and thought of any potential "losses" as tuition to the school of hard knocks. I learned a lot ...
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I had tenants rent my 2,850 SF house for 5.5 years. They disclosed their four dogs before signing, and they gave me a $500 extra deposit for that (in addition to last month's rent). And the wife said to me as they wer...
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Hi! Trying to set my investing career off right. I always had the opportunity cost mindset and kept low interest debt to save for another rental property. Recently listened to a Dave Ramsey rant and he talks about pay...
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Hi BPI had a post which I initially intended to describe now I did a 1031 Exchange to trade my first home (condo) into a $1M 3 story commercial flexspace (currently 6 units)as I began to write this, it should have bee...
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Hi all,I'm looking to replace two currently functioning but well-aged tank style water heaters with longer-lasting and more efficient tankless heaters in my quadplex (3x1br+1x2br). This will also completely remove the...
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BACKGROUND: Tenant eviction. Tenant did not even begin to move out, even after the judge ruled in our favor. Stayed until the Sheriff lockout. Was not at home at the time. Single mom with three elementary school a...
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I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
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Happy Friday,
Just a little fun on a Friday. Jacksonville has some unusual street names. I am not sure how they came to be, but they are just confusing!
Boulevard Street
Alley Road
Highway Avenue
NoRoad...
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I posted an article on BP in March that was an article featured of me in Business Insider that headlined "A 24-year-old college dropout explains how he went from $10,000 in savings to $4 million in real estate". At th...
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I have been bothered by this for some time and now that I have experienced people to ask... I just have to ask.
My parents own the home I live in. We are preparing the home for sale. It needed a lot of minor work w...