Andrew Scott Schrum
Is now a good time to invest - My Thoughts
The question on everyone’s mind: Is now a good time to invest in real estate? This question is hard to answer because it’s always personal, market (mine is Eastern Kansas) & deal specific. However, below are my hi...
Fran Pratt
Newbie Advice: How best to leverage a HELOC?
Hi BP friends, been lurking here for awhile learning everything I can. I hope to buy my first rental (or an ambitious 2?) by end of year. So far I've read Real Estate Rookie, and am currently reading the BRRRR book, p...
Mike H
The Wall...
I'm at a point where fear and embarrassment are taking over. I'm starting out in wholesaling and I have some marketing strategies ready to be deployed, however, for some reason, I feel like I've hit the wall of self-...
John Blanton
Comparison of syndication sponsors for an LP post GFC
As an LP, how should I compare the track record of a sponsor that began with experience in the market prior to the Great Recession and weathered the storm vs a sponsor that spawned post 2012? How much credence do you ...
Ryan Garvey
Should I turn my house into a rental?
Hi fellow BPers, my wife and I are considering upgrading houses and keeping our 2/1 house as a rental property? Question for those w/knowledge & EXPERIENCE: is this a good idea, why/why not? The house is a 1924 pr...
Aaron K.
Other Landlords What Do You Set Your Insurance Deductibles
I've recently been reviewing insurance policies and making some tweaks, I'm curious for you other landlords what do you set your deductibles at? Also for those of you who have filed a claim, how much does your insura...
Christopher Wall
Great tenants, should I raise Rent?
Hello BP Family!I have great tenants in the East Orange NJ area. I inherited these tenants and raised the rent from 1k to 1200 when I intially took over the property. I used the BP rent estimate and the floor that is ...
Chris Cowie
First STR is live and already have bookings in 1st week!
Hi BP, Just wanted to say thank you to this whole community. Earlier this year I sold a flip and was trying to figure out my next move and next project. After a few months of zero luck sourcing a decent project (price...
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Whats my problem??
OK here is the deal. I already own one rent house in my home town [Rural West Texas]. I have owned it for about 9 mths. I want to buy another one for about 21k about 3k in repairs and it will bring 400 a month. I d...
Katrina Cabral
What would you do. .Tenant gave notice and now wants to stay
It feels like the only reasonable option is to say yes, (because I'm not going to evict them). So, here are my issues and a response that I'm considering giving them.
Positives:
They always pay the rent on time -...