Account Closed
Cleaning a sandstone fireplace ?
Any recommendations on cleaing this sandstone fireplace.I figured I'd hit BP up before trying sulfuric acid and all the safety gear required to do that.
Shelley Alterman
Structure a Deal
I have a question for those experienced LO people. I have an opportunity to do a LO with someone that asked me to sell their home ( I am a licensed Fl. realtor). I want to give her another option- Lease Option. She i...
Raul Paredes
Appliance repair responsibility
My tenant complained about the dishwasher that is not working well 2 months after they moved in. I hired somebody to check and repair it. The service guy said that the dishwasher was not working well because of food p...
Kristen Ray
Purchasing older properties as buy and holds
Hello Pros! We are new REIs in Maryland. We are looking at purchasing our first multiple family unit. However, we’ve noticed that most of the multiple family units in our area are very old. Most of them we...
David Galea
I was tricked into buying a home "as is"
I put an offer on a home without knowing it was " sold as is" until the last minute and my real estate agent pressured me to make a decision without explaining the consequences of no contingencies. Later i found out t...
Joe Kling
Concentrate or diversify?
Hey BP!For those of you who've gone the out of market route and are investing outside of your general vicinity, let's say for this discussion far enough away to mandate a professional property manager, are you concent...
Account Closed
The Case for Buy and Hold
I believe that the best way to accumulate wealth in the United States is to hold real estate investments for long periods of time.80% of the landmass of the United States is held either by the government or is in agri...
Reid Frohlich
Taking my cash or using equity
I currently have 5 properties that are valued at 320,000 and currently owe 160,000. Up until now each of these have been on a separate 15 year note with 3 year periods of fixed interest. We have been using our own s...
Jake Jernigan
Questions to ask experienced investor over coffee?
Hey Guys, setting up a coffee meeting with a local experienced investor to pick his brain. I have a some of my own questions, but wanted to see if you all had some ideas. I am thinking questions that got you a great r...
Evan Kraljic
2nd Duplex in Minneapolis, MN
Investment Info:
Buy and hold duplex in Minneapolis, MN
Purchase price: $275,000Cash invested: $85,000 (~73k for 25% down payment and closing costs, the rest for renovations).Monthly cash flow: $520 (will be $750 on...