Account Closed
Need Feedback from tried and true landlords/buy and holders
I am looking for the guys who live and breathe this business with ACTUAL notches on their belts, rather than just completing the latest and greatest seminar (no offense, as I am a rookie too) to evaluate my proposed r...
Richard Cook
Suggestion: Military REI Forum?
Just thought I'd make a suggestion, there's a lot of military people on the site and even more military comments about using VA loan, PM from afar, allowances, and tax situations that are specific to military. Might i...
Albert Hoffman
Fourplex Under Contract, Redemption Period Ending Soon - Need Advice
Hello BP,I do not have a lot of experience in foreclosures, so I was hoping to gain some perspective from some of you who do.I currently have a four unit building under contract in Minnesota. The redemption period is...
Sofiya Cherni
Incentives for tenants with chronic late payments
Tenants usually pay on the first Friday of the month. I’ve had them for 2+ years, 0 payments were received on the first of the month. I don’t send out late rent notice nor eviction notice, they are my literal neighbor...
Christopher Hunter
Orange County Meetup( Cypress, Garden Grove, Buena Park)
Hello BP members. I am looking to organize a meetup in the Northern part of Orange County. Anyone interested in attending a once a month Real Estate meeting with other investors, and help each other out? If so, ple...
Derek Andrews
Use a PM to find a tenant vs DIY
Greetings. I have a single family home that I want to rent. Using a PM to manage the property isnt preferred (because I'll only break even, literally). My plan was to just use a PM to find a tenant (and they'll tak...
Emily Sulliban
50% Rule- Is it Really a Rule?
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Bryan H.
Why do contractors only send the estimate 10%-25% of the time?
BP Community,I live in the Denver Metro city of Centennial, Colorado. It boggles my mind how many contractors come to do a site walkthrough, promise to provide an estimate within a few business days, and never send i...
Jarrid Dotterer
My contractor's overheads are too high. Any suggestions?
HI all, This is my first post for info. So I am excited to read the great responses that I know I will be receiving. Let's get started:My business involves buying cheaper houses that need a lot of work and rehabbing t...
Lou Veiga
Deed Transfer prior to foreclosure
I came across a house that's going to be sold at a foreclosure auction. I did some research and found that the owner transferred the property from his name into an LLC about 2 years ago. Would that have any effe...