David C.
When deals are really just "overpriced offerings"
To the group: As more and more "deals" cross my desk and I perform underwriting, I find that the vast majority of these deals are simply overpriced offerings - even in lousy locations, Cap Rates are around 3-4%. Mos...
Bryan Hancock
Value Of Crowdfunding Marketplace Underwriting/Vetting
For those that have spent considerable time on the platforms or have been following the industry I was hoping you could comment some on what value you think the platforms provide with respect to screening projects. I...
Jacob Howell
Seller Said "You Can Have It For Free" ... ok whats the catch?
Yesterday morning (Dec 16th 2015) I received a voicemail message from a guy who received one of my postcards that asked to buy his vacant property in Pittsburgh Pennsylvania. After work, I was able to catch up with th...
Dan Tsunekawa
Over Leveraged? Or smart with Cash?
Hey BP I wanted to get some opinions on the dangers of over leveraging a property. I am formulating a strategy to acquire a number of properties in the near future using 1 or 2 REPUTABLE turnkey companies(please hold ...
Gunnar F.
Neighbor Purportedly Suing Me for Tenant's Barking Dog/Parties
The neighbor who lives next to my rental home has threatened to sue me because he alleges my tenant has not responded adequately to his requests that she quiet or remove her barking dog. He also complains that she hol...
Paul Novak
Small & Mighty Real Estate Investing
BP Team,I am looking for perspective and advice. I have been following BP on YouTube for a few years and have been investing in real estate for the last 3 years. Over that time we have acquired 4 properties, 6 doors...
Stephen Rinaldi
Buyers need to understand the mistake in "waiting for rates to drop"
The reason why this industry brings some of the best and brightest is that is so dynamic, no changes in the market are in a vacuum. Clients that are expecting rates to slip, a sentiment that I agree with, are missing...
Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
I bought a house from Tanner Hester (a New Western agent) in June 2019. There were lots of issues with the house as follows:1) The house was built without a permit2) The house was for the most part sitting on the floo...
Joe Splitrock
Amazon Confirms Long Island City and Crystal City
It is confirmed Amazon chose Long Island City and Crystal City as number one and two for new headquarters. Let's track prices in those markets to see what happens.
Matthew Kirkwold
Telling Tenants You're the Property Manager
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,...