January marks the 13th anniversary of the purchase of my first rental property. Since I learned a lot from this community, I wanted to share my success with you. In 2024, I hit $200k in cash flow from my properties....
We signed up for way more renovations than we thought.
Our total is 60K so far in repairs, 75K on credit card with 15K in cash in bank account (borrowed from credit cards.) The first unit is not rentable yet, alth...
We're heading to CO to visit our son & daughter-in-law soon and currently invest in Tax Liens in MD. As part of our effort to spend some time near them, we're looking to start up with TLs in CO. I don't see much...
Hello! I'm about to close on a 4 unit and I'm trying to furnish two of them as MTR's but I'm out of state. I wanted to ask if anyone's furnished a property remotely before - who helped you set up the furniture? I've c...
What’s up BP,I’m 24 (25 next month) just closed on my second buy and hold multiunit rental last month.Around this time next year I’ll almost certainly be in a position to pay either property off while stillmaintaining...
Hi all, I am new to BP and this is my first post. My goal is to buy a rental property (single family or multifamily) by the end of 2019. I’ve been listening to the BP podcast diligently and reading Turner’s book on RE...
If you've read the The Millionaire Mind by Thomas J. Stanley, you understand most millionaires (as in 98% of them) are not DIYer's. This makes sense to me. To achieve true greatness, in any aspect of success, you ne...
Hi,A friend is seriously considering building a detached 600 square foot ADU in their backyard in Southern California (specifically the Westlake/Moorpark area in Ventura county). It will have separate metering (electr...
I would like to start a discussion on how others see the value of their time and money.
I recently had a seller tell me that my offer was too low because I had to pay for the money for the proje...
I have researched this topic extensively on Bigger Pockets and elsewhere and I am still struggling to understand the tax code.
I have a STR property that went into service in Jan 2022. I met the Material Participati...