As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...

Do you suck as an investor? You know what I mean, are you an investor who just sucks knowledge and resources from others without giving anything in return? Do you expect others to just impart their experience and know...

In what had begun last holiday season with me giving away a duplex to a deserving BP member, I want to carry on the tradition.. This year I have a SFR in St. Louis it is in need of rehab.. However it can be a great st...

Good Saturday everyone! As I sit here in my Open House in between guests, I'm thinking about all of the negatives right now: high interest rates, high prices, and negative market sentiment. But to cheer myself up I’m ...

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...

I realized in February of 2011 that my ladder was leaning against the wrong financial building. Sooooo, I started to use my savings, refinancing my personal home, and taking out my IRA’s and 401K money through the cou...

I attended the 3day FB seminar in Houston. I thought it was really good! I am considering doing the mastery program. Has anyone been through the program? If so, is it worth the 25k?

Here we go - it's just the beginning . . .  Is your Broker returning your calls?"This Is The Tipping Point": One Bank Is Calling For A 30% Market Correction

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...

Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...