Frank Oudheusden
Student Loan Risk Vs. Real Estate Investing
All,
I have created a pretty solid REI business plan and have taken down my first deal. A SFH for 50k rented at $1300/mo in Rochester, NY. 15.1% Cap Rate, 23.6% CoC Return. A great deal by most standards. Now I'm ...
Dan Bosak
Options for Automating Rent Collection from Cash Paying Tenants
I have my tenants with bank accounts paying almost exclusively online and it makes rent collection and tracking so much easier. I am looking for a similar option for tenants who don't have bank accounts and are payin...
Roy Mitle
paying for broken appliances
I use the standard CA rental agreement - the only change I made was regarding appliances.In my lease it is written that tenant is responsible for maintaining all the appliances. However, if an appliance breaks downs ...
Caleb Scott
Brrrr initial financing help!
I’ve read a book on BRRRR but I still have some questions. All of it makes since to me except the beginning. So you are finding a fixer upper, for this you cannot use traditional financing. A friend gave me a private ...
Ryan Kuja
What to do with utilities in a 5 unit when they are not split
Hi everyone-Another question for all you experienced with multi unit rentals: There is a 5 unit I am interested in located in West Michigan and I'm thinking of placing an offer, BUT the property doesnt have split util...
Arthur E.
Prev property mgmt company charging to release prorated rent
To be honest with you I thought I had gotten the prorated amount of rent for August when we closed on 8/14/15, but this wasn't the case. Being that this is my first deal I probably should have paid a little bit close...
Bobby Cauley Jr.
Hello! Any LA house hacking success via duplexes out there?
Hello Los Angeles BP community!This is my first official post, just wanted to reach out and introduce myself! I'm currently in the beginning stages of looking for my 1st investment to started, which will be a duplex ...
Grace Olinger
New landlord requesting tips on rental - laundry, pets, lease
Hello,I am a new landlord of an owner occupied small multifamily property and was hoping to get some advice from more experienced investor/landlords. - I will be putting laundry in-unit, but not sure what to look for....
Willy Ayala
Does this sound like a good deal?
Hi BP Family, I have been listening to the BP podcasts and watching the videos for quite some time. I am a new investor and would like your feedback regarding the following deal in Wiley, TX.Single-Family Home - 265k...
Bruce Archer
How two finance single-fam rental roof and windows?
Well, thanks to BP I have now learned what I should have been doing for Cap-ex fir the last 10 years. But, financially i had to use most of the cash flow for living. Now I need some advise on finance options for a new...