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16 May 2022 | 1 reply
The property barely broke even for the first couple of years.
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17 May 2022 | 10 replies
So your tenant broke the shower door a second time in a year and you're wondering if you should send someone to clean it up?
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20 May 2022 | 1 reply
I worked alongside a CPA and asked a ton of questions, and I wanted to breakdown our strategy for anyone in the BP community that might be interested.First, broke down my 3-2 townhome into percentages based on square footage:I personally occupied the 13% unit for the first 6 months of the year, then had a tenant move into the 22% unit downstairs.
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13 September 2022 | 7 replies
Hey girl, I'm a 38 yo female investor from Virginia Beach, VA and I went to BPCon last year in New Orleans, my home town.
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19 June 2022 | 8 replies
Thanks for pulling it together.I would be interested to see how it broke down by zipcode.
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15 June 2022 | 13 replies
Thanks Nathan.Thats the route i am planing to go.One more question..This tenant started off in 2020 saying he wanted the buy the homeafter lease ends and asked for an extension in 2021 saying he will be definitely buying the home in 2022.Here we are at squre one.A few months back when i proposed an owner finance option with 20%down .He said he only have 8k for down and didnot want 8% intrest.His credit score is only in 630 .What if he says he wants to extent the lease for one more yr and he wants to buy it after that .If he was your tenant in this scenerio ,will u give him an option like Rent is going up to by 12% and you need to put 10k down as non refundable earnest money showing he is intrested in buying this house by writing a contract to purchase the house at the end of lease in 2023 .Will you go that route ..Or stictly no options Just leave @ end of lease coming in June 30.I have a human factor in me .He is a family man with a little girl .
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11 June 2022 | 2 replies
Instead of a grey decision - good but not sure if good enough, which causes you to struggle, you have a black or white criteria - its works or it doesn't.BTW - nobody ever went broke over a duplex!!
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15 June 2022 | 4 replies
The issue is that we're pretty broke from our recent closing on the 2-acre parcel.
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13 June 2022 | 2 replies
Just being honest, I am broke as a joke.
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14 June 2022 | 12 replies
If it was your own house and the fridge broke, what would you have done?