From death threats to tenants being murdered to overdose to theft, property damage, fire, destruction, damage & everything else in between.The purpose of this blog is to peel back the curtain on the Property Management Business and show you some of the real life things that have happened to me or members of my company 1st hand.

In my experience, anyone that has to move in days and shows up with cash in hand is a problem tenant and will cause problems down the road. 

Any time the deed changes hands, you’d have to assume there’d be a village inspection.

I have noticed that those areas are a little pricer but it appears there is a handful on the market right now that could work. 

I can't remember who it was off hand, but there was a guy a few weeks back talking about how he gets closer to $1000/door and doesn't want to touch anything below that...I just looked up some properties really quick on loopnet (not sure where else everyone checks first), found some properties that would fit the 1% rule mentioned on BP and that would appear to clear more than $200/door after management fees and setting aside $100/mo for reserves.

https://www.meetup.com/sacramento/Meet people, shake hands...

Hello BP, Im a new Investor and I'm planning on Flipping a house soon once I figure out my funds, but my question is do I need to get an LLC before hand?

If you need any help locating properties send me a message I would love to lend a hand

I was wondering if we could technically take some of the proceeds out to have more reserves on hand and use those future losses as a way to offset the gains from keeping some of the sale proceeds.

My duplex in Old Brooklyn in Cleveland, on the other hand, flows almost $500/mo. after completing my cash out refinance and I am all in for under $70k.