Fast forward 20 years from first reading Rich Dad Poor Dad, I've built up a portfolio of 50 rental houses, a 10-plex, a couple office buildings, and a tax-free annual net profit of around $200k. I've achieved my drea...
brand new here, first post.. this site looks awesome though..anyway....-Almost ready to buy my first home/ investment. I never hear anything about buying/renting out/selling condos. Are they a horrible investment? Doe...
Hello BP,
I am potentially going to buy a park with well water and City sewer. I have two questions:
During Diligence what are the action items I need to do and things I need to keep in mind?
Once I own the park, w...
Hi fellow BP nation, I would like your opinion on this scenario. I am in discussion with a seller right now on an 8 unit property: (4) duplex's. The numbers work, and are as follows:Purchase price: $340,00025% down...
In Good areas of CA I’m seeing some opportunities in potentially buying condos. Wanted some input from people that have bought condos that have HOAs. Are condos better for long term maintenance costs? Benefits of an H...
Hey there Team BP! After months of following along the BP threads and webinars, it's time to make things happen. Can't thank the community enough for helping me to this point. Been analyzing some multi-family homes in...
I have a friend (we'll call him Joe) who is considering doing a strategic default on his home.
Although it's a struggle, he makes enough to pay his mortgage. But his house has gone down considerably in value and he o...
This is a revision of my popular post from 3 years ago. See, the older I get (don't ask), the more annoyed I get with the endless "I WILL SHOW YOU HOW TO CUT YOUR TAXES in DECEMBER" emails, posts, webinars, podcasts, ...
We are trying to find the way to reduce our family expenses and start saving for real estate investing. The biggest expense for us is insurance. What do you think, would it be smart to stop spending about $300 per mon...
So I have been running my cash flow in Houston area for both SFH and multi's. I am pretty comfortable calculating the monthly cash flow, Cash ROI/CoC, cap rate and etc. I am seeing some good cash flow and some bad one...