Contractor currently charges % on total spent which gives him no motivation to keep bids low or fight for better deals with subs/suppliers. Wanted to get some ideas on how I can incentivize him to be motivated to get ...
Hey Everyone,I like to drop in here from time to time to talk about my journey as a real estate investor. I feel it's appropriate because I honestly don't think I'd be where I am today without this website and commun...
Good afternoon to all investors on here. I need a good advice on my first deals in REI. I live in San Diego, a very expensive market and I am just about to get started to invest in RE. The decision that I made is to i...
Reading Ray Dalio's book makes me contemplate some more about where real estate is heading. Looking back at the last 15 years everything seems so predictable. New housing starts grew year over year and well exceeded l...
Do you buy NPN’s that meet a particular Exit Strategy? What is it and why?For me it’s simple….when I buy an NPN, my objective is to help the borrower get back on their feet with a payment they can afford. Thus, I onl...
Hey everyone!
I've been doing my due diligence before I start investing.
It seems as though most people want to find properties which main criteria being that the property has positive cash flow.
One book I've be...
I have a rental in a good area, after repairs I probably had about 60K in it and it originally rented for $950 a month.
The area has appreciated for housing values due to some new developments coming in and the area...
I'm an early retiree from the airline business, investing my retirement assets in a self directed IRA. To date I have written 3 private loans at good LTVs and am very pleased with the results. I would like to get mo...
Hello Everyone at BP.
I have been reading, researching real estate investments and strategies for many years. For the past few months, I've been hooked on BP. The thing I like the most on this forum is people help...
Will building a real estate porfolio of positive cash flowing properties lower my debt to income ratio? And thereby limit my ability to purchase a $1,000,000 2nd home?
I own a primary and 3 positive cash flowing ren...