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Hi BP community, Im living a real life real estate nightmare on my first flip. So I just recently finished my first flip with my general contractor who i know personally from him remodeling my own personal residence, ...
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I was reading some forums and it got me thinking as I am creating my own lease. I've used several local PM companies leases to "learn" from. What have people added to leases after learning from the school of hard kn...
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Hey!So how is everyone handling the increased development costs, particularly the dramatic increase in lumber prices?I have started to see people put projects on hold hoping that material costs come down, but will the...
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Hi everybody! I'm a newbie. bought my first house in February and had it rented May 1st. Late July my tenant sent me a text with a sob story about a fraudulent check he deposited, he wouldn't have the rent on the ...
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What is the cheapest piece of real estate you’ve ever purchase?
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If you have purchased an STR in the past couple years (2020, 2021), how much cash flow are you making yearly? We are searching to invest in a short term rental, but the numbers are not high enough for us. We're seeing...
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Hi! I inherited tenants paying 600. For an 800 sq ft 1 bed apartment in an ok area of Philadelphia. I pay water/sewer, trash, public lighting, and gas. I kept that rate for 10 months Its renewal time. I lost 9 grand...
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I know, it sounds like a silly question.
After all, more bedrooms equals more income right? But, does it really?
I’m starting this thread to get some feedback from the BP Nation on what your experiences/o...
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Fighting over the Security Deposit is one of the main issues between Landlords and Tenants. What steps do you take as a Landlord or Property Manager to ensure the deductions from a Security Deposit are not disputed? I...
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A lot of this may be obvious to some of the readers, but I’m going to mention it anyway.I own other property in New York and Miami and incorrectly thought that this qualified me to do a flip. Initially, I had thought...