Bill Gulley
How Profitable Is Property Management?
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Vonetta Booker
Self-managing a property long-distance - any suggestions?
I didn't want to, but I am considering self-managing my newly-purchased SFR in Cleveland (I'm located in CT). Don't get me wrong, I feel like a good PM is invaluable and have no issues paying one their 10% to properl...
Mark Kim
Getting started - out of state investing
Excited to get started investing in real estate, but would like some advice on best first steps.
I live in a very expensive metro area, which is why investing in a different area is attractive. I am con...
Account Closed
No Money, No Savings. What To Do.
Hey BP friends. I'm 22 years old, and I'm from San Antonio. I want to start investing, but I don't really have a whole lot going for me right now. any ideas on how I get get financing for my first deal? I'm hoping to ...
Shanae Williams
What keeps you motivated and focused?
I read a post that said “Real Estate is 95% Mindset & 5% Real Estate” it’s seems to be true because some days I can work on finding a deal for about 4-5 hours and there’s other when I can’t even do it for 30 mins....
Shiloh Lundahl
“ Blow Up the 401k ”
I recently listened to the podcast GRE (Get Rich Education with Keith Weinhold) and his guest was Ted Benna, who has been credited to being the father of the 401K. (Here is the link to the episode for any who are inte...
Luis A.
Appraisal issues on house I am flipping
Ok, so for the first time I have to deal with one of my flips not appraising for the sales price. I gave the appraiser a list of comparable recently sold, a list of repairs and before pictures of the condition of the ...
Rich Weese
Buying at foreclosure is EASY!!!!
B.S.!!!! It is easy to buy at the courthouse steps , just show up with cashiers checks and raise your hand!
However, it is also very easy to lose your shirt. I attend and buy at my Texas county foreclosure auctio...
Christian Walker
What should I tell my Dad?
Hello,So I am kind of stuck on an issue that I could really use your help on. So to have a quick recap, I am currently an investor and have 2 properties with one if them being a partnership with my dad. I have a ton o...
Jonathan Giglio
Discouraged After Speaking With Active Investors
January 1st I jumped in to the world of real estate investing. While I have made a ton of progress over the past three weeks (Thanks 12-Week Year), I am a bit concerned with some feedback I have been getting. I have s...