Hi everyone, just joined BP having come across the site whilst scouring Detroit properties on the weekend. Yep the usual web thing... 'that looks interesting.... Click...' and the rest is history. Then an hour later...
After re-reading Rich Dad's Cashflow Quadrant, I have a renewed focus of increasing our passive income from our investments. Up to this point, my main focus has been on increasing our net worth. Right now we are gener...
Thanks in advance for your time.Myself and other 4 friends have been talking about forming a limited partnership to jumpstart our RE investement journey together.We have a good chunk of cash to start building our port...
When estimating operating expenses using the 50% rule, do you include property taxes and insurance as part of the 50%? Or do you consider that part of the mortgage payment?50% seems kind of high to me without the taxe...
I'm looking to learn the ropes of large multi-family complexes with a goal to acquire one with 30 doors in the next few years. So I wanted to asked more experienced investors what they look for in a large multi deal.A...
There are a lot of moving parts when purchasing a rental property. A good real estate professional who is familiar with the area will be able to help you navigate through this list. Why did I create this list? A few...
Hi All, My name is Pat and I am a new investor looking to get started in buy and hold rental properties and live in West Bend, WI about 45 minutes north of Milwaukee. I have been reading the BP blog and listening to t...
This year we increased our net worth by 355k from one deal! Here’s the story.
On January 17, at 10:30 in the morning I got an email from a wholesaler advertising a 6-plex in Florence, Arizona, for 320k. I usually bu...
I just got a note telling me my monthly cost for Buildium's services will climb from $25 to $40 a month. This is significant to me since, I only have 3 units to begin with and I will be paying as much as if I had the...
I’m born and raised and living in El Paso, TX and have been looking at properties in Cape Coral, FL. I’m not familiar with the area but after doing my research, it’s looking like it’d be a great area to invest in for ...