Michael F
Right Or Wrong Steps?
Hi everyone I need some help and your opinion on this. Please educate me and leave any suggestion or comment for me. if you think any section or step is useless please tell me. and if you think I need more detail in a...
Bill Gulley
How Profitable Is Property Management?
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Don Konipol
10 Most Common Incorrect Beliefs by Inexperienced RE Investors
Most Common Incorrect “Facts” by the Inexperienced
1. It’s “illegal” to purchase a property without the approval of the existing note holder (subject to)
2. If a property owner stops paying on a note the lender just...
Keith Goodwine
Went bankrupt trying to wholesale, here's my sage advice
As the title says, I went bankrupt trying to enter wholesaling. Full disclosure - Part of it was deteriorating mental health and desperation. I was manic and reckless.Another part of it was unrealistic expectations ...
Karen Margrave
How do YOU define Commercial Real Estate?
What is your definition of Commercial Real Estate? I know many on BP consider Multi Family to be commercial R.E. Others believe that it's any real estate used for "business" purposes, still others consider any propert...
Larry Turowski
How do you handle the stress?
The latest one for me is my rehab contractor disappearing for 5 days. He finally returned my calls today and said a family member out of state had tree fall on their roof. He went to help fix it.But I find I stress ...
Account Closed
2 unit property lawn care maintance (bottom and top)
Hi everyone, looking for some feedback on how to handle lawn care maintained for my 2 unit ( unit on bottom and one on top)
I have a lease with the newer tenant who moved into the top unit back in December that she ...
Dhaval Taylor
Do you prefer an Airbnb or a hotel when traveling?
Since the pandemic hit in late March, many are not sure how they feel about staying at hotels or short-term rental platforms such as Airbnb, Vrbo, Booking.com, and Tripadvisor Rentals. Airbnb, with 7.7 million active ...
Amy Zemser
Tenant Terrorizes Innocent Landlord, Landlord Seeks Advice on BP!
Hi Friends! I sure could use a piece of smart advice right now. I have a rather nuanced problem. Our home is a two-family, and we have a beautiful one-bedroom apartment at the side, where we have rented to a timely pa...
Felix Goldstein
is wholesaling illegal?
That was really my biggest challange when getting started investing in real estate. i didn't read a lot of the post in the wholesale catagory, but i have not seen one taht address this. When i got started it seemed li...