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One thing Brandon preaches a lot is growing your portfolio. Buying 1 small multifamily opens the door to buying another and then another, until eventually your portfolio reaches over $1M. Ideally, you should be making...
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What is everyone preference regarding having the option to own a handful of properties out right verses having a much larger portfolio with the debt that comes with it? Or do some people opt for a mix of both?I assume...
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Facing a difficult situation today. One of our landlords owns land for development which has become a favorite stomp for homeless people living in the woods. To add to the dilema, the hotel across the parking lot from...
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Economic Update (Monday, November 2, 2020)
Today is Monday, November 2, 2020. Tomorrow is Election Day. S...
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How does earnest money deposits works? As I was reading, I saw that when dealing with new buyers many wholesalers had made the buyers pay an earnest money deposit. Is this a recommended practice? Why? How much do I as...
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I have several houses now and my filing cabinets are getting a little stuffed. I have a separate accordion folder for each house. I keep the original purchase papers, receipts for repairs, credit reports for prospec...
Hey folks, looking for some ideas and inspiration here. How would you invest in real estate if you had a few extra dollars in a trust, say $1.5 Million, and your goals were to:Maximize income for yourself in retireme...
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Hi everyone! Just wanted to start a discussion to see what real estate niche has provided the best $/hr spent of your time as an investor. How did you find it and how are you measuring that return on your time? I'v...
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Hello BP Community! I got my 1st wholesale deal under contract in Miami on July 21st, but it hasn't sold, and the contract expires on the 31st of this month. I'm new at this and fear I may have made a mistake either i...
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From your experience, is there any advantage of buying a property with long term tenants living in there?
I only see disadvantage such as, most of the time their rent is not high enough and you won't have enough cash...