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Results (2379)
Aaron T. What percent are you using for maintenance, vacancy, PM, etc???
20 December 2018 | 130 replies

I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...

Corben Briggs Choosing an OOS Market
17 January 2019 | 18 replies

Hello everyone,I'm a young aspiring real estate investor looking to complete my first deal! At this point I am considering both options (in state & out of state) investing and am trying to weigh out my options on ...

Thomas C. Wells Fargo Bank Sucks!
14 February 2012 | 33 replies

I am very upset at Wells Fargo Bank. We had been with the former banks Wachovia etc. since 1989 and NEVER had any late payments on anything!

Now Wells Fargo Bank - CEO John Stumpf recently received $25,000,000,000.00...

Greg Gaudet Enforcing purchase contract - seller canceled breaching contract
26 April 2021 | 35 replies

Aloha all, I’m buying a rental property, half way through escrow (45 day escrow bc I’m using a mortgage since sellers not in a rush). I found the deal off market, but still suggested the seller pay a realtor 1% to wal...

William C. HVAC broke a year after I sold, Buyer wants me to pay?
16 March 2019 | 58 replies

Long story short, we popped the top on a rancher, and rebuilt the home from the ground up. The GC hired a professional HVAC that he works with on all projects to install the HVAC. The day after settlement the buyers...

Donald Stevens Jr. Help! Sketchy tenants
21 October 2017 | 90 replies

I'm dealing with a nightmare tenant! This tenant has been late with rent for the past several months (even later than my five day grace period). Rent was due on the 10th of this month and of course it was late. The fo...

Account Closed Duplex Analysis - Cincinnati, OH: 2 property options
19 December 2016 | 48 replies

Hi BP! I'm a newbie looking to make my first purchase: a duplex. I'm planning to use Navy Federal Credit Union for financing with a 0% down VA Loan (my husband is Active Duty Navy) and house hack while working F/T. Th...

Alex Silang How do RE empires typically collapse?
23 March 2014 | 42 replies

1) Not keeping enough reserves. Big expense hits and owner cannot handle it

2) Fix/flip - unforseen repair needed. Too many deals go bad.

I'm curious to hear how RE empires go down during recessions.

James Gillice Things aren't going well. Any advice?
3 January 2024 | 18 replies

Hello BP,I bought my first rental property in early 2022, an out of state (KCMO) SFH. I bought from a turnkey company that is endorsed by BP. The home was not "turnkey" per say, but was sold by another investor throug...