How to Make REAL Money in Real Estate We all (well many of us) know, or at least suspect that CREATIVITY is the key to real estate wealth, but WHAT does that mean? To me, it means being able to RECOGNIZE an opportunity to earn a substantial profit, understand the level of associated risk, and hav...
Hi all, I’m researching the Sunbelt from the outside (Texas and Florida), and would value a reality check from people of those areas . Considering supply: Texas: Accidental landlords own 14.2% of Houston’s active single-family rentals. In suburban Fort Bend County, 17.8% of active rentals are lis...
Hi all. I'm a new investor, and since my local market is quite expensive, I'm going to be investing out of state. One thing I was curious about is how out of state investors manage rehab from afar. Obviously you want to find a contractor you trust, but beyond that is there someone you would have ...
Hi all I am a relatively new investor and I just recently bought my 3rd rental property which is a triplex. I have 6 units now total (1 single family, 1 duplex and 1 triplex). overall everything is going okay, nothing catastrophic but I do have 1 tenant not paying rent so I will have to evict. Th...
Curious to get the community's perspective on paying down rental debt vs redeploying cash flow. I ran the numbers on a $400,000 30-year fixed loan at 6.75%: Adding just $200/month in extra principal curtailment: • Eliminates $103,280 in total interest paid. • Shaves 5 Years and 4 Months off the l...
Curious what other investors and agents around the Lehigh Valley are running into lately, so figured I'd share what we've been seeing on our end. Things are still moving fast. Median's around $280K, up almost 6% from last year, and a lot of listings are going under contract in about 10 days. Mult...
Taking the time to build credit whether personal and business brings peace of mind. Although temptations arise keep the why in mind along with your system to circumvent emergencies. Budget. etc. Can you look at $1,000,000 in credit and not touch it unless there is a serious emergency; involving y...
I just finished a consultation with a landlord who was leaving money on the table. Here are the three biggest traps I see: 1. The "Personal Truck" Trap Booking personal truck repairs as "Rental Maintenance." The Fix: Keep 100% separate. Or, track rental mileage strictly. 2. Repairs vs. Improvemen...
Rochester, NY is down to about one month of inventory right now. Homes are going under contract in about three weeks, and it's one of the hottest markets in the country. Meanwhile, many other markets are sitting on months of inventory, and sellers are cutting prices just to get a showing. So whic...
Hi everyone, I’m currently investing in MS using a BRRRR + Section 8/Housing Choice Voucher strategy, and I’m looking to expand into another market so I have more opportunities to find deals that actually work. Right now I’m considering Indiana and Missouri. For investors actively buying in eithe...
Hi all, Rob here, a Louisville agent. In October 1981, the average 30-year mortgage rate hit 18.63%. Eighteen percent. And homes still sold. About 60% of existing home sales in 1981 used creative financing, according to the Federal Reserve Bank of San Francisco. Buyers took over the seller's loan...
Hello, new to REI and the BP. I'm interested in starting to do BRRRR as a stepping stone to multifamily. I'm mostly looking in Cleveland, OH; Detroit, MI; or maybe in my area, Albuquerque, NM. I'm looking for distressed properties in the area (under $70k) to apply the BRRRR strategy and then rent...
Hi everyone, I’m mapping out a long-term single-family portfolio strategy and would love feedback from investors who have executed a staged rental lifecycle, specifically managing out of state in Year 1 before handing off operations to third-party management. The plan is to acquire one single-fam...
Hi! Hi everyone! Has anyone run into the excess business loss limitation (Section 461(l)) when using 100% bonus depreciation for a short-term rental? We purchased a STR in 2025, materially participated, and completed a cost segregation study, expecting to offset a significant amount of taxable in...
After about 4 years of going all in on investing in real estate, I have tried regular buy and hold, BRRRR, and house hacking in multiple markets, and I can now say that they all SUCK. I started out getting hyped by all the BP books and went through any information I could get my hands on to make ...
I’d love advice as well as pointing me toward more information. First time homeowner. I own a 1927 bungalow in north Portland that I’m house hacking with a full permitted, detached ADU that I rent for $2,035/mo (or gross up to 4k/mo on Airbnb in summer). Vacant for probably 6 days/yr. Mortgage is...
Self-managing landlords with 1 to 10 units — curious how you handle repairs. Walk me through your last maintenance issue. How'd you find the contractor, how long did it take, and what did it cost you in time and stress? Trying to learn what actually works versus what's a nightmare. Thanks.
One thing I’ve noticed about real estate investing is that even a great deal can turn into a stressful situation when unexpected expenses start adding up. You might have the purchase and renovation costs covered, but what happens when you discover additional repairs, materials cost more than expe...
I’m trying to start in the Real Estate Investment and at the same time get a house that we like to live for a while. I found a good deal that my offer might be accepted and would live in that house as a primary for 3y at least while doing updates. I have a condo in Naples that I bought at the pea...
Hey BP community, analyzing financing on my latest deal and running into the classic "Points vs Cash" dilemma. Lender is offering to drop my rate from 7.12% down to 6.65% for 1.5 discount points ($6,000 upfront on a $400k note). Here is the breakdown: • Standard payment at 7.12%: $2,693 / mo • Re...
Hey BP community, analyzing financing on my latest deal and running into the classic "Points vs Cash" dilemma. Lender is offering to drop my rate from 7.12% down to 6.65% for 1.5 discount points ($6,000 upfront on a $400k note). Here is the breakdown: • Standard payment at 7.12%: $2,693 / mo • Re...
Had a conversation with a first-time investor making $130,000 W2 who thought they were an easy lock for a $400k house hack. They got slammed by underwriting on the 28/36 Debt-to-Income (DTI) ratio: • $130k salary = $10,833 gross monthly income. • Max front-end housing cap (28%): $3,033 / mo. • Bu...
Turnovers are where small problems get locked in for the next lease. Here's the short list I'd do every single time, before any new tenant gets keys: Rekey every exterior lock. Assume old keys are out there. Rekeying is fast and usually inexpensive compared with replacing locks. Test every smoke ...
Hello Everyone, I recently heard about a loan product called an HEI - Home Equity Investment. I spoke with a senior client who has significant equity in her home, however is in need of some cash to sustain her financially. I have done some preliminary research on companies such as Point and Split...
I’m considering moving my portfolio to a property management company, and I’d love to hear from owners who’ve been through this and can share their experience. For those of you using a PM: -What are your biggest frustrations or challenges? -How do you deal with them in practice? -What systems or ...