Mike Miller
Buy and Hold Rental Plan of Attack
I am in the Tampa area. Starting my search for our first 'investment' property. There are so many options it can sometimes be overwhelming so I started by writing out my goals to help narrow my path.Goals:1) Create ...
Orlando Paz
Seeking wisdom for unbelievable mobile home offer
I have just come across an unbelievable opportunity for a mobile home purchase. The original ad asked for $500. When I called, it was offered at $1. The management is even willing to waive 3 (or more) months of lot re...
Judy Parker
Belligerent tenant won't pay increase or vacate
I have a belligerant tenant whose lease expires June 30th. He sent me this message. in response to the lease renewal letter I sent him. "you cant legally ask me to pay 1/3 of the electric in an illegal apt. not leavi...
Rachel Nunes
Creative Financing Suggestions Needed!
Hey all!I've recently targeted a mixed use property that I think would be a perfect first investment property for my husband and myself. The property is listed at 455k, and is comprised of a first floor retail space, ...
Nancy DeSocio
Parking: to share or not to share?
Happy New Year, BP community!Hoping I can get some feedback and opinions on how to address parking in our 4-plex. For this question, it's Unit 1 and Unit 2 that are being discussed. The property has a narrow drivewa...
Jeff L.
How much do lawyers cost?
I keep reading advice to talk to a lawyer or have a lawyer do certain things for you to make sure everything is good (ie for forming your LLC, and other real estate transactions).However, I have this notion that lawye...
Nick L.
How to weather hypersupply and recession
First, thanks to @Douglas Dowell and others for switching me onto Glenn Mueller. His latest commercial real estate cycle analysis is here: http://www.irem.org/File%20Library/Events/IFLC/IFL...I am worried about overbu...
Dustin Mathenia
Buying a non preforming second lien with a non preforming first
Let's start by saying I am a newbie when it comes to not buying or selling. I am trying to get a feeling for what makes a good deal or a bad deal and the different strategies when buying a non preforming note. I'm loo...
Luke Carl
Quick Tip: Deadbolts for the Paranoid
Just so I didn't totally waste 3 hours of my morning and another $150, I wanted to post my findings here. Every time I buy a new cabin I buy a new Kwikset 910 deadbolt. I get the one with Z-Wave. My thought process wa...
Khurram Humayun
Appropriate RE Investing Strategy Clermont FL
Hello Everyone, I am a new RE investor and wanted to know more about the best investment strategy and process to apply in my local market. Although, I find the BRRRR method interesting does it make sense for a...