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In this industry, there is a lot of incentive to bend the truth, some say dont say x to the lender.. and if something happens dont say y to the insurer. When it comes to raising capital, appear this way, speak that w...
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So, I'm still learning the ropes and not ready to jump in to actual investing just yet, but I just wanted to throw my plan out there and see what people thought of it (especially Kansas City folk). Obviously the main ...
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Hello BP Community! I'm writing this post to begin chronicling the learning experiences we've had so far in the purchase, renovation, refinance, and renting out of a multi-family property in the city of St. Louis. I'm...
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I'm getting prepared to go on my first seller appointment with a motivated seller. I'm curious about what papers I should bring.I found a great thread here about what to bring but I have one question, should I bring t...
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I am about to close on a single fam home in north Austin that I plan to rent. I have found a good property manager as I live out of state. In reviewing the agreement I see that the PM will charge the 8% which is reaso...
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Just watched the 60 minutes special on the homeless crisis. Very concerning when you realize that we are part of the problem. To keep our business profitable we absolutely have to screen tenants for felony’s, rental...
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BTW this is my first post!I am 22 and have been saving up for my first property, I currently have 23k saved in cash and I am saving $2800 a month that I am adding to that total. I want to buy a single family property ...
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I thought I had heard another investor say that the two rules were basically the same thing. Maybe I misunderstood, but if not could someone explain how they are the same thing??? And also, the 2% rule seems to work...
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Ok so i'm ready to get my first rehab underway, I've done enough research and it's about time that I pull the trigger. The only thing that holds me back is "MONEY". I don't want to use my own and the only way to go ab...
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