Account Closed
Loan Approval, Owning Multiple Properties, and Real Talk
I'm hoping that someone sees this and can dive in with "real talk." I'm going to lay it out there, and as I'm learning through this initial start up process (and I'm a quick learner) that I'll be able to realistically...
Shaun Caldwell
Anyone own rentals in the ghetto?
I recently came across a small duplex that is FSBO in a ghetto. I've heard about the strong cash flow properties in low income areas can produce but I'm also aware of the downfalls of investing in not so favorable are...
Corey Dutton
Interview with a Banker – Why Banks Still Aren’t Lending
With the exception of community banks and credit unions, most would agree that banks still aren’t lending. “Hogwash!” some of you bankers who are reading this will probably say.
As a follow up to a post I did nearly...
Jerryll Noorden
3 closings this week, including a 21K Wholesale fee.
All,I have a success story to share. But it is not a success for the reasons you may think. I really learned a lot from this and from these mistakes I have made I changed the way I do my thing and this is causing a no...
Erik Haugen
Ethical dilemma around kicking tenants out
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
Benjamin Ervin
Second "Deal" in the Books - Photos and Description Included
It has been a few months since I have really been active on BP, but my wife and I just came to the conclusion of our second “deal” and I wanted to jump back on to share some of the details and transformation photos wi...
Brandon Thurman
Seeking Advice on Handling Rent Increase Dilemma with Elderly Tenants
Hello! I hope this message finds you all well. My wife and I recently acquired a 4-unit apartment building with inherited tenants, and I'm facing a bit of a dilemma that I'd appreciate some advice on.
Two of our tena...
Griffin Malcolm
Are Solar Panels Worth It?
Hey team, question on solar panels and their impact on resale value. Essentially, is it worth it? I had a consultation with a solar panel salesman today and he quoted me 29k for 18 panels, however the final price woul...
James Carlson
Hot take: Personal booking websites for your STR are overrated
Headline says it: The recent emphasis on creating direct-booking sites for your STRs and MTRs is overrated. Prove me wrong.Work/money not offset by savingsThe amount of work -- and money -- to build a site and do prop...
Logan M.
How do we solve the housing crisis in America???
I have felt drawn to investing in Mobile Home Parks partially because I feel like it allows me to have an impact by providing affordable housing.What I want to know is if there is a real solution to the unaffordabilit...