Devin Monroe
How do you make money with a PM?
I would love some insight to this as I am a new investor (don’t have a home yet). I know most don’t recommend using a PM but I see myself long term with 60+ units one day and would eventually use one anyway. Ok with t...
David Krulac
What things have you found in foreclosed/abandoned houses?
In the thread about the TV show Property Wars, it was brought up about things found in and on foreclosed property.
1. In a recent one there was the last occupant's ashes. I called the relative to come get the ashes...
Alicia Marks
QOTW: What are your "hard pass" items when evaluating real estate
Welcome to our Question of the Week! We have a lot of people who are entering the world of real estate investment who could use your wisdom. When evaluating a property, what are your automatic no or exclusion list ite...
Account Closed
I just sold my first rental home and I made 109,000!
I purchased this 2 bed 2 bath 1349 square foot house in Turlock California about three years ago for 72,000, I put 15,000 into it after I completely gutted it so everything is new inside. I rented it out without even ...
Michael Temple
Tenant asking for bug treatment
I received this text this morning from one of my tenants..."Good Morning, Mike! We have been seeing a TON of spiders and bugs in the house, and were wondering if it would be possible to get it sprayed. Please let me k...
Ben Leybovich
How To Get Out of Real Estate...?!
Everyone is asking how to get into RE. I want to know - how to get out? It was fun while it lasted, but I'm kinda done...Any ideas?I've had oil on my mind lately, and Serge is no freaking help. Should I maybe buy s...
John Hickey
How to build a real estate empire in high Crime area
Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
Mark Forest
Tenant fried my grage panel
My tenant called me a month ago to complain that he has burned up three TVs and he thought the electrical in the house was faulty. I tested the outlet and it was around 119 to 120. I put in a new outlet and told him...
Wade Sikkink
Examples of Real World Negotiating Techniques
Sometimes people struggle with how to employ negotiating tactics that they read about in real world situations. The BP community has probably collectively negotiated more real estate deals than any other group in the...
Anthony Watkins
I'm Losing Faith In Wholesaling
I'm in about 5 different investment groups on Facebook and they all complain about wholesaler calls, wholesaler text, wholesaling postcards, etc. As someone who aspires to be a Buy and Hold Investor, I try to put myse...