Huy Thai
Hard Money: a comprehensive DO's and DON'Ts needed
BPers,I searched the forums for a list of do's and don'ts for hard money lending without much luck so I'm going to see if I can get all the answers in one place. I am at a point in my REI where all my personal and pri...
Richard Merkuris
Is it wrong to raise rents on existing tenants every 6 months
Is it wrong to raise rents on existing tenants after property has been purchased every 6 months tell rent is to rent level in area? (increments of $25 which would be a total of 2years in all to reach)
Feng Ye
insurance cost for older investment houses?
Hello there,I am thinking of buying my first rental in Florida (either Orlando or Tampa), however I was warned by a friend who bought a few months ago and had to spend 3000$ on landlord insurance. He said that there a...
Samantha Klein
Tenant locked out, should I charge a fee?
Hi everyone, around 9PM last Friday night, my tenant texts to say she locked her keys in her apartment and asked if I would stop by to let her in, this was 9PM at night but I only live 5 min from the property so I agr...
Mitchell Jaworski
Why all the hate on 8 - percent that is.
Hello fellow BPers. I've noticed alot of posts where people don't consider an 8% return to be worth a deal or feel it is taking on too much risk for an 8% return. Whether it's investing in a turnkey property or a r...
James Park
$100k passive income club after expenses: What property type?
For those of you BP investors who at the $100k passive income level after expenses. What type of property class did you start out with and end up with to reach this level. I am also interested to know how many of you ...
Sam Lopez
I’m considering investing in Detroit and/or Texas around Dallas
Hey all,So I’ve been looking around online in the downtown Detroit area. I’ve also searched the forums for conversations regarding Detroit and it seems that the most recent conversation is a couple months old. I’d lik...
Star Dawson
Am I dreaming too big
I’m a CNA ( nurses assistant) I’m very much interested in house hacking hopefully a duplex or triplex but sometimes I feel like it’s not for me my income is not great and I have bad credit should I just give up this...
Jason Miller
First commercial opporunity - interesting dynamic
I'm looking at a deal that is relatively close to home. I run a consulting business that makes my money but by nature has no passive to residual income component - thats a whole other discussion ;). I'm interested in ...
Christopher Malone
Journal of a New Investor
Hello BP!Allow me to reintroduce myself. My name is Christopher Malone, and I am a new investor in Chicago, IL. I have been a member of BP for a few months now, and from the time I made my first post, I have learned a...