Janice Viescas
What to include in a Lease
I am going to hire a property manager for my house, and I am assuming he has a general list of what is standard. One of my concerns is smoking and having a quiet tenant. Can I say that there is to be no smoking (insid...
Justine Scheuher
"Bad" First Home Purchase and House-Hack, Thoughts?
@Scott Trench ruined my first home purchase. Just kidding...kind of, but in a good way.This year, May 2017, I bought my first house. Renting felt like I was throwing money away so I thought I was making a smart inves...
Sean Youngberg
Cashout ReFi options for 1st flip that is not selling
I'm having quite the learning experience on my first "deal". Purchased an old SFH REO for rehab and flip. I used a portfolio lender that provided a "construction" loan with interest-only during the rehab which has now...
Shaidah K.
What would you do if your home quadrupled in value?
In 2005, we bought our home for $420,000 (Richmond BC). In 2016, we had an offer from a developer for $1.25M which we turned down because it was too sudden and we were buying our second income property. With that am...
Will Gaston
Negotiation Books: What Are Your Favorites?
All:I just had an investor friend casually mention to me that he had just left a negotiation with a seller in which he saved $10,000 on the purchase price. In one hour.That's an incredible return on his time. And it g...
Ronald Perich
Rich Dad, Poor Dad is a Terrible Book
If you look over the Best Real Estate Books blog post by @Brandon Turner you will see Rich Dad, Poor Dad as one of the best business books for real estate entrepreneurs. I will admit, I found it to be one of the best ...
Andrew Campbell
How we went from 0-72 units in 4 years
A couple of weeks ago, I shared a success story celebrating the fact that I quit my job and closed on a 202-unit the same day. A big reason I was able to do that was the fact we had built a 72-unit portfolio over the ...
Joshua Herald
Getting My Partner (wife) Onboard
Tonight we passed on our first multi-family investment. The numbers look solid but after visiting the site, there are some obvious reasons why this wouldn't make a great "House Hacking" property. My wife is used to ou...
Frank Perkins
Hesitant to start a buy-and-hold with 3 kids entering college
I have 3 kids entering college in 2025, 2028, and 2032. I'd like to have the option to send them to private high school prior as well if we think it's the best option (2021, 2024, 2028).I'm extremely attracted to the...
Julie Marquez
Would you purchase a house where a murder occurred?
Before my life of BP, I found a great deal through the MLS on a house in an older A/B+ neighborhood. It was vacant, so we wander the property for a long while checking it out. I then went home and checked country reco...