I am just starting out and still in the educational phase, but my goal is to acquire 10 buy and hold rentals over the next 10 years. I would also love to do some fix and flips, but that is still up in the air. My ques...
Hi. I am new to BP (former FatWallet member though!). I have been investing in RE for ~10 years and hold 5 properties. They have not been time-intensive, but I'm always interested in smart financial options. The G...
"If you want to grow, get out of your comfort zone."Hello all. I wanted to start this thread as a marker for the decision I made about two weeks ago after visiting family in Detroit for two weeks (and multiple prior v...
Met with attorney last night to discuss issues re: first investment. One item was forming an LLC, which attorney said he could do for a bit less that $1000. Today, met with banker (Wells Fargo), and during the co...
Hi everyone, I was talking with an investor friend the other day and he asked me a question I didn't have an answer for. He asked "So if I were to invest 100k in a multifamily deal, how much would I make total over a ...
A new tenant moved in March this year and at the time of renting, there was no signs of bed bugs. They called today (8 months later) and said they have bed bugs. The lease states we do not pay for pests, but I've deci...
As we've all seen, the Colorado Springs RE market has gone crazy the last several years. With new business, tons of building and a highly rated quality of life, it is the place to be. I've even heard some people commu...
Good afternoon, my name is Tyler and I live in San Diego, Ca. I am new to the BP world and new to investing. I have been doing my homework listening to podcasts and watching/reading as much information as I can to hav...
We installed a new dryer less than 3 yrs ago in the rental rowhouse. The new tenant who moved in last fall said the lint trap/plastic for it for this dryer just broke and needs to be replaced as it keeps falling out w...
Every business needs to watch the "Numbers". I'm not talking about the Profit and Loss statement (although very important), I'm talking about your Closing Ratios. Wholesalers, please comment with your ratios for th...