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14 August 2018 | 8 replies
Your method makes sense for my higher rent units, but I'm not sure if it makes sense for lower rent units, which I'm already requiring first, last and security?
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21 October 2018 | 100 replies
I tried a passive method of door knocking with the letter pass outs but maybe I need to be more aggressive.
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16 April 2020 | 1 reply
The tenant would need me to be the bank for them due to them being self employed and not showing a strong tax return year after year.How would you structure this so everyone is protected?
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21 June 2018 | 2 replies
You can build your model up to be much more complicated, I use the BRRR method so mine accounts for a few extra variables that I’ll mention later.3.Prepare your data.Running lots of scenarios does not mean that you get to skip on the due diligence to understand your costs.
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12 June 2018 | 20 replies
I figure I'll need at least 10-15 homes to get to my monthly cash flow goal but I see two different methods to attain this.....get the homes paid off (fewer purchases and I'll be helping to pay off the loan) or use 30 year loans (more purchases but I will not be helping to pay off the loan).
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5 June 2018 | 4 replies
BP Fam, Anyone know of a small bank in Philly who considers folks who are self employed?
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5 June 2018 | 4 replies
I imagine the best method to sell without breaking the lease or doing a "cash for keys" arrangement is to sell to another investor.
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4 January 2019 | 23 replies
I had the city disconnect their electric and water, then I sent an invoice for the rent to their employer.
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2 January 2019 | 7 replies
Hit a snag in my investment goals :Scenario ;I have 85k Saved to invest I made 6 figures in 2018 Have 60k in equity in my existing rental property in Nassau county New York Good Credit BUT ....I lost my job last month and I’m concerned lenders will give me a hard time for not being employed, although I do have a small business that is brining me at least $3000 a month in profit.
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3 January 2019 | 3 replies
One good strategy is to find a property that needs significant rehab ($20k-$30k+) and add the rental value, just like the BiggerPockets BRRRR method.