I'm haunted by Ben L.'s comment "Don't be a retail investor!" in the podcast on rental properties. This is also common advice in real estate investment books. Always buy at a discount, or, as Warren Buffett says, with...
PLEASE REFRAIN FROM POSTING ON THIS THREAD IF YOU ARE NOT AN OUT OF STATE INVESTOR (this includes property managers, real estate investors and local flippers)Hi all,Starting an out of state investor thread here to see...
Recently got a salespersons license in California with the hope that this would lead me in the right direction towards investing and discovered soon afterwards that California is actually one of the worst places for ...
I just purchased a 21 unit apartment complex with a lot of problems. I started cleaning it up - 3 unit evicted in the first month and two more in the way - all of them professional tenants. But this month I got a new ...
I want to lease residential property in Washington state to use for a business, not a personal residence. I want to minimize my personal liability and risk. Although I'd like to enter into the contract as owner of m...
Hello, What have you done what do you prefer? What are the pros and cons of both? Have you guys bought real estate (multifamily or single family) in cash and rented them until you saved up for your next investment to...
I read a post on linkedIn from @Travis Watt, a fellow BP member, that posed the question, "Would you rather have 10k a month in passive income or $1,000,000? I thought it was a great question and I think it merits a ...
I am just begening in real estate investing obtaining as much knowledge as I can before I dive in. I understand that real estate is a slow grind and in by no means of getting rich quick. My first goal of mine was want...
So, the title really says it all. Am i wasting my time looking at foreclosure properties? I get that some properties can sell for much less, but just for the sake of this discussion, I'm referring to foreclosures tha...
BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...