Account Closed
Advise me on my 1st investment! Lots of cash, what to do with it?
Hi all! I've been educating myself through audiobooks, podcasts, the forums, and webinars and I think I'm finally ready to get started! Just not quite sure where to begin..About me:
794 credit score$150k liquid asset...
Sam Fickel
Where do bad tenants live?
Everyone in the REI community always seem to have extremely high standards for the tenants they choose - good credit, no criminal history, on time rent, absolutely 0 evictions, etc. I've never met someone that didn't ...
Dave K.
From the mentors perspective
So I have gathered from a previous post to go and seek out investors at REIA meetings to find a mentor. But what incentive do investors have to become a mentor for someone? I am asking because I would like to be in...
Han Oh
Squatters+liens+drunken neighbors+100miles from home=$40K profit!
After hundreds of offers on the MLS I finally hit another gold mine. It was a short sale that was already in escrow due to close in 10 days. The agent said the buyer, an investor, had backed out at the last minute for...
Tiara Murray
How exactly are deals like this made?
I live in Detroit, and there is a lot of brownfield redevelopment going on. I was wondering how deals like this http://www.modeldmedia.com/developmentnews/watermark9307.aspx, and this http://www.naiop.org/developmentm...
Steven Mitchell
DIY-Most common items to fix as a landlord
What are the top 10 things I should be able to fix on my own that I don't need a contractor or repair man for? I'm trying to house hack and limit my expenses as much as possible. Steve
Allende Hernandez
Rehab company dilemma...Is it me...or them?
Hi folks,I am super excited of finally being brave enough and pull the trigger on my first rehab deal. It is in Orlando FL and I am in Miami (about 4 hrs away). Closing of the purchase could happen as soon as this we...
Mike Eisenhut
Rent payment options....or not?
I currently own two rental properties and usually collected rent on a contact basis. Each time the tenet would call and say I have the rent when ever you ready to pick it up.
Now, on the Lakewood property this has b...
Tasia Turner
Final Trim Work - Completed poorly
I’m so frustrated. The contractor I hired had subs in painting and caulking the trim work. Now all of my brand new baseboards, door frames, and window frames have paint strokes, caulk drips, clumps, etc. They look pr...
Chris Campbell
Advice needed: Tenant signs lease and asks to pay after move in
Hi BP Community. I'm asking for some advise on next steps. I signed with some new tenants who have had some bad luck recently. They don't have the security deposit and are now saying that they won't have all the rent ...