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PEP fund with Lane Kawaoka
Has anyone else invested with this guy? I got roped into this PEP fund he was advertising by a friend who had invested with him before. The fund was advertised as a boring "preferred equity" fund that pays 10% a yea...
Sarah Lam
My first turnkey experience in Houston!
Inspired by similar posts about turnkey companies, I wanted to share every step of my experience with TexasTurnkeyProperties.com, which offers turnkey properties in the Houston area. I purchased one side of a duplex ...
Joe Banks
Exceptions to the 1% Rule in Austin?
Hello, I've been searching rental properties in Austin for the past 2 weeks and did not find anything that passes the 1% rule or has a cap rate over 7%. It's more like half of that.If you were to find a property with ...
Johnny Lau
Very low priced rentals available, would you consider it?
There are 3/1 houses in Alabama that go for 25-35,000 and rent for 550.00 with established renters already in place. So the house is already performing.
The numbers are very good considering the price. This is about...
Lyman DeAnn-Gaines II
Advice for managing "fear"
Just finished Rich Dad Poor Dad, and started reading the Biggerpockets UBG. Kiyosaki talked about fear of losing, and the UBG is already talking about fear.
Personally, I would say yes I have a fear of losing. But ...
Steven Alvarado
First Time Landlord Looking For Advice
Hi,I recently got my primary residence leased out this month. I’m excited about it but lacking the knowledge behind being a landlord and the responsibilities that come with it. Curious if anyone had some Do/Don’ts , s...
Tyler Condon
In escrow and getting really cold feet
Put in an offer at list price with 3% seller concessions and furniture included. With the concessions I am able to cover closing costs and get a 2 1 buy down. So my monthly payment for the first year is approximately ...
Chan K.
Hot Water Boiler Broke - Tenant Seems Ignorant of Landlord Consideration
Hi BPer,I would consider myself a decent landlord, where I would address every issue or concern that my tenants have. Recently, my hot water boiler broke, so this issue negatively affect 2-3 units in the building. Two...
Stuart Humphreys
What would you do with $2.5 million dollars cash?
If you were going to invest all of it into CRE how would you do it? Split it up? One big purchase? Use it as a down payment and take on debt or no debt?
Rebecca Mickler
Prospective Tenant Want Me To Hold Property 1 Month Before Move-In
Hello all,I'm relatively new to REI and getting ready to re-lease my first rental property after a 3 year tenant. My management company sent me an email stating they had a "very qualified applicant" for my property. T...