Years ago I learned that when everyone is headed in a direction that you need to pay close attention to what is going on to avoid pitfalls. When my chiropractor started telling me that he was going to buy two rentals ...
We just purchased a 78 unit property in the DFW area that had horrible management, tons of deferred maintenance, and 25 vacant units..... hope I don't regret it! Thought it might be interesting to those looking at mu...
Hi Folks,I was hoping not to have to write an new post about forming an LLC as there are tons of them on BP, but after reading through so many forum posts and reading articles on both BP and other websites, I'm more s...
Is it a trend that appraisers are consistently coming in short?Multiple offers at the same price and an appraiser won't support the price.Full story:Flipped 1827 Hepler Dr, Warsaw, IN (look it and how beautiful it is....
During the crash I was fortunate to be able to purchase 9 rental properties between 2008 and 2012 at incredible low prices. I am now 60+ years old and replacing toilets, climbing on ladders is getting old. I am try...
Hey folks, My name is Jeremy, I'm based in Halifax , Nova Scotia and first got into real estate back in 2016 when my wife and I purchased and rehabbed a 100 year old duplex in Halifax's north end. From here we're loo...
Just wanted to
Share what we are doing with our kids. We have 4 little chitlens ( ages 5,8,9,13) and we are always trying to teach them about money.
Monopoly and cashflow for kids are the games we play around here.
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Hi All,Is it just me, or is it super hard finding "good" Cash on Cash ROI? I am reading older posts and I see the consensus is that 10-12% is considered good CCR. But I am also seeing a lot of people on here saying th...
So before you jump on me, my property is priced at $3.7M but its been listed since november and we've had around 20+ showings and 1 serious offer which fell apart bc the buyer had issues bringing over the money from i...
Most personal finance pundits will tell you that if a purchase does not produce income and depreciates, it's bad debt. They'll also tell you that you should avoid bad debt wherever possible, buying things like cars up...