Sebastian I.
High Cap Rates in Colorado
Does anyone know of or have any thoughts on finding properties with high cap rates in Colorado?
Rich Weese
40% loss in net worth in last 3 years
I'm sure many have heard the numbers recently that the median net worth of individuals in the United States has dropped 39% in the last three years. I'm just curious how BP members have fared during the same three-yea...
Dakoda Spencer
I Want Out, Any Suggestions?
Hey BP,I want out of my full time job at IBM. I'm sick of it. I know, I know. Working a job (even if you don't "like" it) is a part of "growing up". Working this job is one of the most unfulfilling things I've ever do...
Warren Straley
23 unit multifamily deal
Was hoping to get a little advice on this potential deal. 23 unit single building three stories with rear parking, and a small two car detached garage the is rented to two of the tenants.12 one bedroom ($325.00) and 1...
Patty C.
How Do You Stay Ahead Of The Curve In San Francisco Bay Area Market?
After looking in San Francisco, the East Bay, South of San Francisco, and the North Bay, I decided to invest in the North Bay because the housing prices were still reasonable. Perhaps this is slipping away as well: I...
Tyler W.
Explain it to me like I'm 5: How do you get rich in real estate? Seems like it takes many many years to get positive cash flow.
Please help clear my mind from my skewed point of view of how REI works.My goal is to buy a multiplex apartment building and live in one of the units. So I'm guessing that I'd have to put something like $50,000 down f...
Richard Warren
Does Everyone Understand What Is Going On Here??
We may be witnessing the largest financial collapse in centuries. Take a step back and look at what is happening:
ï‚· Subprime meltdown
ï‚· Housing bubble
ï‚· Foreclosure crisis
ï‚· Bear Stearns collapse
ï‚· Country...
Chris Purcell
Do you raise rent on good tenants?
My theory is if a tenant pays on time and takes care of the house, leave the rent alone until they move on and then adjust it for a new tenant.Have heard so many times from friends where their landlord raises it and t...
Kelly Conrad
Feeling a little nervous about lack of qualified candidates
We've had our duplex since October 4th, and listed our list unit (2B/1BA) on November 7th at $1,000 and tenants split electricity and gas.We've had lots of interest, but the problem seems to be that folks aren't meeti...
Jack Tucker
What are your best "Special Stipulations" for leases?
Over the years of landlording and owning property in a college town, I have noticed that my Special Stipulations section in my leases have taken on some strange phrases and warnings to new tenants. It seems that e...