I've witnessed investors make their decision on purchasing a property based on it being an area considered to be a rental neighborhood, or a owner occupant's neighborhood.I haven't quite yet grasped what difference do...

Below is a scenario I've been playing around with in my head:A silent equity partner and I purchase a strip mall for $5,000,000.  We own the mall though an LLC which we both have 50% ownership stake in.  A commercial ...

Hello,

I recently got my first rental property in Jan 2012. My 90 year old uncle deeded the property to my LLC for free. I inherited a long term elderly tenant who has been in the home for 20+ years. She pays a v...

Hi BP members,I am Michael, 36 years old, married with one 3 year old son. I am proud to say that God has led me to real estate investment. Thanks to books like richest man in babylon, think and grow rich, rich dad po...

I’m working with a broker to acquire a mom/pop owned Mobile Home Park (36 pad), sellers are an elderly couple. Had the property under contract for several weeks and one excuse after another (waiting on CPA to get past...

Hi, I am about to start Direct mail for the first time, I am wondering what you would prefer postcards or letters when sending out mailers. I Know postcards are much cheaper than letters, and I know mailers in general...

I meet a lot of people who think 2-3 rental properties are going to be their ticket to getting "rich" or "retiring early". In my experience and through talking to dozens of other investors, usually that's just not the...

Have any fellow lenders tried BP's new Featured Lender program? I have heard mixed reviews about quality of the leads from the Featured Agent program but I can't find any reviews or feedback on the lender side. I'm a ...

Hey BP, I'm not sure if this question has been posted before. But I'm in the midst of reading @Scott Trench's book "Set For Life" (awesome book btw). I'm at the part where he talks about "good debt" and "bad debt" and...

Hello everyone....A little background before i get to my main question.  I am a new member to BP and am excited to be closing on my first deal in the next few weeks.  The house I chose is a 50's era, pre-fab manufactu...