Adam Pierce
Should I make my girlfriend sign a lease?
Hi BP,So I'm planning on buying my first home around the end of the year and I would like to allow my girlfriend to live with me. We have been going out for about 6 months and I was wondering if I should create a rent...
Account Closed
"Replace Your Mortgage" HELOC Strategy
Hi all. Apologies if this topic is addressed in another part of the forum; I've checked through and couldn't find anything which specifically addressed my question. I am a young investor with no experience when it com...
Brian Naumann
First Deal Gone wrong or bad PM?
Hi Everyone,I closed on my first TK property in Memphis, TN on August 17th. Yay me! Found out during the rehab's home inspection that there were (inherited) tenants in the property during the rehab, I thought this was...
Christopher Hall
What is the best approach to deal with my debt?
Like a lot of young people have done my wife and I have managed to place a lot of debt on top of ourselves, some of it good some of it bad. My wife is a teacher making 35000 a year. She is a 10 month employee so her p...
George Griffeth
Problems with General Contractors?
Hello community,I’m a young construction professional preparing to go out on my own in the Los Angeles market. I’m working on a business plan to better define my business in my own mind. I’ll be getting my general con...
James Collins
Rental business LLC?
Hi,New guy here hope I'm posting in the right forum.
My question is for my Mothers rental business.She owns 12 houses free and clear.And has a large mortgage against her home.
I have been telling her she needs to sp...
Mike Mendoza
using non skilled labor to fix up your houses
I've been using college kids, just out of college, stay at home mom's, etc to work on our crew to help fix our flips. We subcontract concrete, roofing, and exterior painting, siding, windows if we are doing the whole...
Willie Morales
Philadelphia
Hello BP,Is there anyone in BP who is in the Philadelphia area that invests there on a buy and hold basis? Would love to talk with you, And maybe get a pointer or two,and hopefully I can do the same for you.Thank you ...
David Olson
Out of state investing = paralysis by analysis
Hello BP,My Question: Which cities are prime for cash flowing 1-4 unit properties and what metrics specifically do you use and from what site? Census Bureau? REIT reports? etc. Anyways, I'm working on selecting 2 cit...
Mary Hoyt
paying more than appraised value?
Ok, we went back to the drawing board last night and decided what kind of cash offer we are comfortable with on this distressed triplex (a 1935 house turned into a triplex in 1995 that has stayed at 90% or higher occ...