Nick Anderson
Is “Rich Dad” wrong?
I have seen so many people credit Rob Kiyosaki and his “Rich Dad Poor Dad” book to their starts in Real Estate, myself included.Recently he has come out with some comments projecting a huge crash in the RE market. Mos...
Patrick Bavaro
Day 4 as a Landlord, and need to get rid of my tenant
Hello BP! As some of you may know, I recently became a landlord over the weekend through my first house-hack. I'm attributing this issue to being new to the game, and not executing my application/screening process as ...
Caleb Green
Paying off rentals early
I just wanted to get opinions on applying the rents you collect every month to the principle loan amount.
I have 2 rentals that are currently rented. The first one I've had for 3 years. I did not escrow the insuranc...
Jen Boyd
Why do property managers suck?
Not meant to offend the property managers out there - I know the good ones exist. However, a common theme I've seen is how hard it is to find a good, reliable property manager that makes the money you spend on them wo...
Jaideep Balekar
Our 1 year journey to 22 units & $10,000/mo cashflow without OPM
Background:
Me and my wife are both full time IT professionals with 9-5 jobs, which are more like 8-8 jobs really and sometimes weekends too. We decided to start actively investing in cash flowing multifamily real e...
Michael Williams
ARV way over actual value is it fraud?
Hi all. I have a deal I'm I have listed with the agent that brought it to me. Originally listed as a rather heavy rehab deal. I got the job done just a little over budget and the hold was longer than expected but o...
Bradford G.
Rod Khleif vs Brad Sumrok Multifamily Coaching Review ??
I saw Rod Khleif - Life Time Cash Flow Podcast is now offering Multifamily coachingOne on One $14,900 one time and $1900 a month. Small Group $4,995 one time and $295 per monthonline course $2000 or $3000 depending o...
Aaron T.
What percent are you using for maintenance, vacancy, PM, etc???
I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
I bought a house from Tanner Hester (a New Western agent) in June 2019. There were lots of issues with the house as follows:1) The house was built without a permit2) The house was for the most part sitting on the floo...
Chida Truong
Pace Morby Mentorship
Hello BP investors, I haven't seen any recent postings about Pace Morby's Sub To Mentoship program and wanted to see if anyone can give their honest feedback about the program who's joined recently? I noticed quite a ...