In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...

My wife and I were fortunate enough to reach financial freedom just one year after making our first ever real estate investment. Here is a quick background story on our success and some tips and tricks I feel that any...

I've got a property that requires a pretty major rehab (asbestos siding, and needs new electrical, plumbing, HVAC, walls ....).  I have a general contractor that I think will do a good job.  I wanted to do the work as...

We rented our house out for the first time ever starting last November.  The tenants seemed good on paper and wanted to sign an 18 month lease which we thought was great to have it rented for so long.  We had a water ...

Hello BP Members,I'm starting a new project and I wanted to take a moment to share it with the community. Please feel free to ask questions and make suggestions. I hope that this post will help others that are contemp...

Cold Calling

As much as I HATE cold calling I was wondering if anyone has paid someone to call and fill out a Property Info Sheet?
If so what was the rate you paid?
How did you pay?

Here are my thoughts:
Give my c...

I've recently began looking at multifamily properties (1-4 units) in Long Beach, California and was curious to understand your opinions of property managers. My partner and I work in the finance industry and regularly...

I have a property I am interested in bidding at auction and need help figuring out a max bid. this will be my first auction purchase. I have some experience working for my dad as he has around 30-40 cheap rentals, but...

Just got a call from a tenant parent and the January electric heat bill was $1100.  In past years the highest it went was $800.   The heat is all electric baseboard with one room with under floor heating on slab and o...