Hi everyone!! For those that don't  know who I am, I am Karen Margrave. I've been a moderator on BP for several years, having become obsessed with the site in 2010 or so. I was living in Orange County CA and we were b...

I've been getting mixed answers about STR during a possible recession. Is it smart to buy in 2023 and 2024 despite the status of the economy? 

This issue has occurred several times at different properties: tenants complaining that the AC isn't cooling to a ridiculously low temperature when the ambient temp is about 40 degrees warmer. My response has been tha...

We all have different cleaning standards, but some people are just filthy! Below are images from an actual apartment that's been occupied by the same tenant for almost 30 years. He pays 15% below market rate but has n...

So far I've been working with an agent that has, to my knowledge, never worked with an investor. Over the past two years though I've bought 2 properties with her help. She pulled comps and we talked about what rent ca...

If you're SELLING a BPCON ticket, please reply to this thread with the details including your sale price.
If you're BUYING a BPCON ticket, do not purchase for over the regular asking price: We aren't yet sold out so ...

I just acquired a 4-plex today.  I currently have 18 units, and will have another 4 here within the month.  As crazy as it might seem to many, I self manage from out of state.  I have a reliable maintenance team and l...

Is there a way to help someone sell their house or use some sort of wrap-around financing to sell their house and get back a portion of the sale or payments for myself?

The owner has some equity but I don’t want to s...

Hi BP, I'm trying to compile a list of worst landlord headaches ever, to use in a direct mail campaign. Whats the worst call you got from a tenant?What has been your biggest pain from owning a rental property?If you a...

How does one decide how much capital to invest in their first deal? What percentage of your total assets should go towards a down payment for deal #1? I feel I should plan for the worst and be as conservative as possi...