Chibuzor Alumba
Bad First Investment - Newbie Beware
My very first deal:Purchase price: $205,000Down payment: 11% + 2% closing costsHouse Type: Single FamilySqft: 678 (WHAT? This isn't even a tight market nor a great neighbourhood. How did I get sold this crap lol)Locat...
Kristen Williams
My Owner Building Portfolio, Asks Me for a 3% Discount off PM fee
We have worked hard to build our relationships over time, with owners and investors, and we are even expanding. We have done this by evaluating workload, and setting fair Property Management rates with our owners, on ...
Steve S.
First time investor needs advice
Glad I found this site. My name is Steve and I am 32 years old. I currently own a wholesale company for autos and powersports. I am looking to get into home flipping. I have a contractor buddy who approached me with t...
Tim Hoskins
Questions about renting out my current home, and getting another mortgage on a second home.
I have done a lot of research about this, and what I know isn't a lot.
I know I can't have more than one FHA loan at a time and I have to live in the FHA loaned home. I currently have an FHA loan on my home. My inter...
Ethan S.
How do I help a friend that is struggling with his life?
I have a child hood buddy who is struggling with his life. He is 24 living with parents and is working as a pizza delivery job. He got his masters in Psychology 5 months ago but is having issues finding a job. His par...
Cameron Riley
Have you ever self evicted a tenant by “ cash 4 keys” offer?
The community has offered amazing advice on my last 2 threads. I had to post again. - Self eviction? Convincing someone to leave? Cash 4 keys offer? Changing locks after they haven’t even been living in the home for a...
Cedric Jenkins
Is it impossible to overcome a minor mold issue?
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Denny R.
First deal done! First rent check in the bank!
Finally got my first deal done!!! It was a hell of an experience, but I wanted to receive my first rent check before I posted my success story.Quick background on myself: I am 25, finance degree, work full-time, aspir...
Virginia Jones
Tenant will not stop asking for improvements
I have a tenant that will start a lease on May 1. The house was already in livable condition but I have improved it by installing a new toilet, painting every room, tearing the kitchen down to the studs and installing...
Dustin Ruhl
Is Indianapolis Becoming the Silicon Valley of the Midwest?
Locations of high concentrations of technology workers are, more often than not, found in coastal cities such as Seattle, the San Francisco Bay Area, Boston or New York and New Jersey. However, there are some places, ...