Danielle McClelland
Anyone started investing in RE at age 35 or later?
My husband and I discovered BP this summer and are ready to start invest! We have enough capital and are actively searching for deals and running the numbers. It’s exciting!
Anyone else got started at or around 35? ...
Chuck Kramer
Disrupting the Real Estate Sales? Will RE Agents be extinct?
I am curious on what BP members think the impact that growth in real estate investing, wholesaling, and direct-buy practices is having on the old agency-model of buying/selling? Has anyone come across any articles or ...
Matt Hangsleben
401K: Continue Contributions or Stop?
I recently purchased my first rental property with no money down. I did so by necessity as I am cash broke! However, I do put a substantial amount of money into my 401K account every pay check. I have always been r...
David S.
When is enough enough? How many homes does one need!?
Perhaps I have an inner socialist I’m not aware of, but I have to ask the community, when is enough enough as it pertains to number of units owned?How often they ask on the podcasts “where are you going from here?” An...
Alex Varner
Contractor requesting 50% Upfront
Hello,I have a contractor that is requesting 50% of what he quoted the job up front. It isn’t a super large sum of money, but I’m curious on what type of things I should do/look for to protect myself. As of now all I ...
Christopher Lewis
Mentor ideals do not align with my own
My "mentor" told me to stop chasing FI and to get a secure job. Should I fire him? What should I do?
John Thedford
BP Is A "HOTSPOT" Of Illegal Activities
Just got a call from DBPR. That is the Department of Business and Professional Regulation in Florida. They regulate licensed and unlicensed activities. Their call was in relation to an unlicensed broker complaint I fi...
Lisa Fondant
Jerry Norton programs ($10k finder fee - Powerflipper)
Let's discuss Jerry Norton's Powerflipper 3.0 with a finder's fee of $10,000 for any deal you find them. I THINK IT'S A SCAM. If anyone has had success of has had a deal accepted by them where they actually paid the...
Account Closed
Dump Your Real Estate Agent
It is my contention that in most circumstances you should not use a real estate agent to buy a single family home, and only in limited circumstances should you use one to sell. This strategy saved me approximately $15...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...