Vu V.
Kickstarting my REI journey
Investment Info:
Single-family residence buy & hold investment in Oakland.
Purchase price: $602,500
Cash invested: $70,000
Sale price: $625,000
This is a 1914, 4bed/1.5bath SFH located in Oak...
Rochelle Duong
Newbie interested in out-of-state Investing
Hello there!I'm currently looking to get my foot in the door regarding investing out of state. I currently live in a very expensive market (Los Angeles, CA), and recently just paid off all my student loans, have a sta...
Stephen Quesinberry
First Buy & Hold using BRRR Strategy in DFW!
Hi Everyone! Excited to share my success story and lessons learned during my first BRRR and second investment property. Hopefully, everyone can learn from it! Here are some lessons learned during my first SFH BRRR in ...
Jon S.
Tenant breaking lease
A tenant owes partial rent and late fees from prior month. Rent is due Oct 10th, last night she informed me she is breaking the lease and asked if she could ride out the month of Oct, promising to be out by Nov 1, and...
Jim Sestito
Help me explain Seller Financing to Grandma!
Hello BP,Dear Grandma is looking to downsize. Her house completely paid for and she has one note on it that she used to purchase a car with a about $18K remaining.The house is a two family. The main unit is a 3 bed...
Ashraf Farrag
Thoughts on converting my rental property to a lease option?
I have a fairly steady rental property. It was a former home of mine. I lived in it for 7 years and it has been rented for about 6 years. There still is a mortgage on the property and it has a decent amount of equity ...
Bojan Kovacevic
How to tell if your market is in a bubble or not
Something I heard a while ago is that if renting a home is cheaper than buying it in an area, then most likely that area is in a bubble. For example in my area a single family detached home (4 bedroom, 2-3 bathroom...
Jon Coleman
New member in Milwaukee
I recently joined BP after having been enjoying the benefits of great information and discussion across the site. My background is in retail banking and I've since moved to a management role at a fintech firm but I'm...
Kassie Carrell
My rental property is worth 120K. Profit?
I have a house I rent out for 1300 a month. I owe 60K. It's worth 120K. How much should I be making annually on this income property. I feel my numbers are very low, but I am new at this so I am not sure. After taxes,...
Jorge P.
Water coming into My Basement Rental - AHHHHH
Pic #1: This is the water I found in one of my rentals that’s about 5’ below grade. This came AFTER we had finished doing a foundation waterproofing around the perimeter of the house! - How could this happen!?I had t...