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Bought a duplex in Memphis with two 3bd/1ba units, nicely rehabbed, from a turn-key "passive" investment firm. The units are going for $650 each and the market is around $750. I have not had a tenant in either unit ...
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I am purchasing a house for $200k and I need to bring in a financial partner to pay about $25k in rehab costs. I expect to generate a profit of about $40k. What percent of the profits should I share with my investme...
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When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...
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I hired two professional tilers to tile one of my properties.Their quote was $500 more than another estimate I received but I felt like they were professionals who I could trust to do a good job.Indeed they have been ...
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Hi all,I used to have a STR in JT and one thing that I realized is that travelers are looking for EXPERIENCES and UNIQUE, INSTAGRAMMABLE highlights when looking for an Airbnb. I want to know what are some of the MOST ...
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I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...
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I am dealing with former low-income tenants who have a free lawyer. He was able to get the eviction dismissed because the pay or quit notices were sent to the tenants in one envelope, rather than separate envelopes ad...
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Guys, please help me out with your opinion.I ordered tiles and had them delivered to the property. I specifically told the contractor in writing, what tiles were to go on the bathroom floor and walls.Today he sent me ...
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A recent post on BiggerPockets indicated the imposition of a new $500 per day fine in California for using potable water for ANYTHING but regular in-house use. No one at all commented on this. This is a serious statem...
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Hi all,Since I was featured on Podcast 238 about a year ago, I have talked to many BP Nation Members asking me if they should buy this deal or that deal. Here is a simple way to determine if a deal a broker is sendin...