This might also be a bit of a personal finance question as well but wanted advice. Is there a set amount I should have in reserves to feel comfortable in case something catastrophic happens? I'm a bit paranoid so righ...
I'm not at the point where I think purchasing a truck/van to haul supplies (-ie, lumber, cabinets, water heaters, etc) is justified. However, I do need to find a way to haul large items from Lowe's/Home Depot to my p...
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...
In the process of purchasing a 4-plex at $50k. Total rehab costs are estimated $30-40k. Some units need more work than the others. The 4plex has 2br,1bth. The units would rent for $550-600/mo/unit. Have about $30k ski...
I would appreciate some input on an old 60s bathroom. It is a rental apartment and I am reworking some plumbing behind the walls.This is a picture of the bathroom. As you can see ugly teal 4" ceramic wall tiles, whi...
I’m just getting started in my REI journey after nearly a year of analysis paralysis. I’m an engineer by degree but always wanted to get into REI and get out of the rat race. My hometown of Aurora, IL is where I have ...
Hey BP Houston!
My husband and I are moving to the Houston area while he is on active duty in the USMC. We will be there approximately 36 months and will arrive in the early summer. He is currently deployed and we ar...
Economic Update (Monday, November 2, 2020)
Today is Monday, November 2, 2020. Tomorrow is Election Day. S...
I've tried my hand at part-time wholesaling with no success. I've been working for a small REI LLC owned by friends and family for a little over a year. We are in the Austin and San Antonio TX markets which are very c...
Just a simple question hoping for some creative answers. Thanks.