Hi BP! I'm currently looking to purchase a property in Birmingham, AL to buy and hold. I know that this market is currently great for this strategy, and hope to find a property that adequately cash flows. Ideally, I ...
Hi guys. I'm in the process of purchasing a property, but I just realized it has negative cash flow when I factor in the maintenance and vacancies. However, I think one of the main reasons it has negative cash flow is...
Question: Would you rent to someone who gave you a false contact for their current Landlord?Background (Story): Potential Tenant looks at place, Likes it, fills out application, and wants to move right in. I call the ...
Hey guys,I've been wrapping up the work my place needed and have been testing the waters with getting it rented. Thus far, I've been posting on craigslist, but quickly found that my time was being wasted by a lot of t...
Long story short:
2 weeks ago I started advertising and prescreening over the phone. That first weekend I showed to 5 different prospects. Had to reschedule a couple due to the weather for this weekend. This ...
The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative. It must at least break even a...
Hello everyone! I have an opportunity to potentially do a BRRRR deal where the current owner of the property funds the whole rehab (refresh 2 bathrooms and a kitchen) and I pay him back when I do a cash out refi. Afte...
Hello BP,The other day I was watching my favorite show, "The Grand Tour" (a spin-off from Top Gear), which is a hilarious car show where they test many different types of cars and supercars. Jeremy Clarkson, the sarca...
I continue to be frustarted with the current laws and regulations we as investors must deal with and it seems that the laws are mostly AGAINST us!
With that in mind, I would like to know (if there is not one already)...