Brandon Sturgill
What % Do You Use for Expenses & Vacancy on a Rental Property?
Do you have a standard percentage you use for evaluating a rental property...I feel comfortable with 10% across the board...any thoughts?VacancyCapXRepairs...Thanks
James Kim
How much HOA before it makes you think?
Hi,I was wondering if anyone buys property in HOAs and if you do, is there a certain threshold HOA annual fee amount that is ok before it becomes something that you "notice"? For example, i have a home where the HOA a...
Mandi Martinez
When the contractor is over the timeline, by A LOT.
I’m on my first flip, and the official start for renovations was November 1st 2018. I was told it would take 12 weeks to complete the project and now we are well past that and still having issues. All of a sudden I ne...
Collin Hays
Lawsuit time! A reminder about risk management for your STR
This occurred on Sunday. Thankfully not at one of our properties, but one about three hundred yards away. A heavier gentleman was apparently walking up the stairs to his cabin, a step gave way and snapped, and his l...
Chris A.
Spartan Invest - Birmingham Turnkey Case Study
Hello BP Community!In efforts to give back to the community, I wanted to document the process of acquiring my first turnkey property through Spartan Invest. I know when I was first researching the forums, case studies...
Riley F.
Appreciation - how to factor it in?
For buy and hold investors out there, how do you guys think about appreciation and how do you factor it in to your buying and selling decisions, if at all? What key factors do you use to measure the potential for appr...
Christopher Freeman
Tenant Complaining About Strength of Wi-Fi Network
Hi all,We have some college student tenants whom we inherited from the previous owner. Most of them are fine, but one of them is very needy. The legacy lease provides internet, which we have provided and which works i...
Trevor Lohman
Is Southern California really that bad?
Hi everyone,
I'm a new BP member living in southern California. I haven't quite found my niche yet, but I find myself being really drawn to the buy and hold type of investing.
It seems like buy and hold...
Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
Chris C.
Cash Out retirement fund!! Is it stupid for me??
This flies in the face of everything that we have ever learned about retirement accounts. So I want to start this by stating that it is stupid for 99% of the people out there to cash out retirement accounts but I wou...