Chris Parker
Why shouldn't I buy a hundred cheap SFH in a cashflow market?
I live in SF Bay Area, CA, and have a fancy tech job that I enjoy (at least I did before COVID). Have about $8k a month to invest in real estate after maxing retirement accounts thanks to high income and modest lifest...
Joshua S.
Newbie here, please critique my business plan!
Hi everyone,
My goal is to launch my wholesaling business in January and hopefully snag my first deal. I've been doing lots of reading and listening to podcasts, trying to get my bearings and really understand how t...
Cory Rogers
Wholesale bandit signs
I am preparing to place bandit signs out and was wondering if I could get BP's network to share some advice. I placed the traditional "WE BUY HOUSES," or "SELL YOUR HOUSE FAST" signs out before and received little res...
Wesley W.
Toilet running / tenant apathy
Hi all,Does anyone have any lease language that you use to transfer responsibility of excess water use to the tenant?Some context: I have a clause that says...(g) Water may not be wasted. Washing of vehicles is prohi...
Account Closed
Direct mailing scripts
Hi everyone, as I am getting ready to start sending out yellow letter I have a couple of questions.
#1
If I don't have good handwriting would it really have a negative effect on my results, I was going to hand write ...
Dave Meyer
Tenant Drama
I own and live in a 3-unit property in Denver. I had some new tenants move into the basement 3BR in Sept and have been having some issues. One of the tenants complained that a light wasn't working. I paid $400 for an...
Tommy DeSalvo
Ohio four plex multifamily - Initial Offer and Analysis
Hello BP! I've made multiple offers this year, and I've lost on all of them, either to higher bids or all cash bids. Not much I can do there, but I just put in a new offer on a property and I would like to see how my ...
Alex Schukin
Fewest number of units to have a Property Manager
Hi BP!I'm a bit on the fence between the residential classification of 4 unit multi family investment property and jumping over to the commercial side of 5+ units. Ultimately, I am trying to stay within the 4 - 8 rang...
Tyler Richmond
Is it worth selling primary residence for capital towards REI
I apologize if this topic has been covered already. I have not seen anything that quite covers my questions entirely.My wife and I currently own a home in San Diego with a 30yr fixed rate mortgage at 2.75%. Like many ...
Dennis Tierney
Multi-Family Appraisal Sham?
Has anyone else found multi-family appraisals in your area to be essentially worthless? I know the banks require them but I have found them to be wholly lacking in credibility. We have under contract a 48 unit that...