I see a lot of discussion with people saying they want at least $100/door but I don't really understand how it can be a good metric unless there would be a big value add opportunity with a big cash out (limiting the i...
So, we had another thread going for a couple of weeks here. And this is not yet a success story, since a lot of work needs to be done to make it a success. But, today, @Sam Grooms and I closed on this 98-unit in Phoen...
My question is this. If I use the 50 percent rule in my market. Most of these properties qualify easy. Do I make an offer then ask for actuals? There's many properties I want to pull the trigger on. Any advise?Thanks...
Hello everyone,
I've heard that some people will tell their tenants they are the property manager so that when a dispute comes up they can say the "owner" is the "bad guy" and not them. On the other side of the coin,...
I'm looking to start investing in properties this year. I find myself leaning towards properties that I can rehab on some level to ultimately gain more equity overall. However, I see a lot of experienced investors b...
Was it a big name and/or guru like Carleton Sheets, Donald Trump or Robert Kiyosaki or was it your parents, an uncle, a college buddy?
(Seeing as I'm new here; I apologize if this has been discussed before.)
Hey everyone,I just recently bought a rehabbed property in KS, MO. my PM just informed me that someone is interested in renting the property. This individual just hit a jackpot and wants to pay the one year rent upfro...
Hi, total newbie here so apologies if this is answered elsewhere. Briefly, 35F, married to 33M, both ER physicians. Currently, living in Houston but planning to move back to California in 2-3 years. We are well compen...
Hi BP,
This one is for investors that had purchased properties in last 2 years. How are you guys preparing for a possible market collapse?. For example in my area I've seen SFH the were sold in 2012-2013 for as low as...
Hi all, I think I am in some serious trouble now and really need your guys' input!! About a year ago I got connected to a loan broker here in BP who was posting ads looking for private money to fund local flippers- so...