Our property is in Lake County, IL and we are going through a 1st transition from 1st tenants to our 2nd ones. Tenants that moved out this month, left some damages behind (some repairable and some not) as well as didn...

I'm on a mission to never have another vacancy again. Part of my plan is to notify folks on my waiting list as soon as I receive a 30-day move out notice. The problem is that I need to create a waiting list.

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Hello Folks,I would appreciate it if I get some advice on one of our deals. We are purchasing a 240K property in Mckinney, Texas and are supposed to close the deal tmrw August 6th 2015. However, during the last walk t...

As my profile states I have had this ball and chain for over 10 years (purchased in Oct 2007 for 160k). It’s finally not upside down anymore but needs just about the same amount of repairs as I have in equity. I had a...

One of my inherited tenants left after 5 years in the unit in Lakewood, OH. I have no idea of the unit condition when they moved in. The turnover is close to $10k with some upgrades. I have a few questions regarding c...

Long time lurker, first time poster.I have noticed with this BRRR model.   That with many properties if I leave 10kish into a property.  Many of the properties I have been analyzing will meet cash flow standards.  Ho...

Fellow investors,I expect this topic has been discussed ad nauseam on here but I thought I would share my tale of woe anyway to help others avoid making the same mistakes I did.  In August of last year I came across a...

Hello Everyone,I just wanted to get any advice and insight as to whether this deal is something we should pass on or still try to see what the seller will do before close to address these issues. This a property that ...

Hello BP,

My name is Eric and I am from St. Louis, MO. I have been lurking on BP for about 3 months now and wanted to share my story.

Graduated college a year ago and found myself working crappy j...