Brian Ellis
Should I lower the rent?
Ive had about 50 or more inquiries on my rental over the last two weeks. After I pre-screened, Only 5 of them have actually showed up for a showing, and a few filled out the online application that I had to kindly dec...
Matt Cianci
Long Distance Landlord - Avoiding Management Companies
We are a group of investors from NY, NY, TX looking to buy a duplex in FL. Many of the deals we evaluate are showing 7-8% cap rates, which works well for us, but once we stick a management company fee on there it is w...
Dion DePaoli
The Pain $ of Not Knowing - Contract For Deeds
I thought it would interesting to share some recent experience we have had with some of these instruments. To that extent, an illustration of the pain that can come with working with an instrument that is not the...
Phil LeNeveu
Critique my Strategy - Be Harsh
Hi Everyone - long time lurker and researcher here on BP which by the way is one of the most useful sites you can possibly use to better your REI goals.So i have spent the last 9 to 12 months researching and learning,...
Marvin Michel
My apartment is not renting, my agent says price is not the issue
Hi,I have a duplex property in Middletown Ohio. I spent the last few months fixing the foundation of my property, but now that's been completed and my home is up for rent, but it's been sitting on the market going on ...
Joshua D.
Managing rental Properties for father in law
So my father in law came to me and my wife asking us to manage his rental properties which are around 15 of them. He saw we were doing are rental properties and liked how we handle them. Well im second guessing it now...
Chris LeMay
Tenant Backed out 2 hours before handing them the keys?
Need some guidance on this one as this is a first for me. Here is the situation....We purchased a condo on Jan 16th. We found tenants and they have signed a 12 month lease. They were scheduled to move in yesterday ...
Jose Diaz
How long on average does it take to evaluate a property?
Hello to all. I am new to RE and am interested in wholesaling to begin with. I have been reading Than Merrill's new book "The wholesaling bible". In the book he stresses the need to learn to evaluate properties qui...
Marisa JManker
House Not Selling
Hi there Everybody It’s been a long time since I’ve been on here hopefully I can get some good Advice I would really appreciate it. I started my first Flip and long story short It is finally finished after so many mon...
Account Closed
My first flip- Profit: 19,100
Hey everyone, I finally was able to put my deal under contract (again) and we are scheduled to close on May 6. Even though I feel happy about the outcome, I could have done a better job with the design of the flip whi...