James Carr
What Was the Biggest Lesson You Learned As a First Time Landlord?
Title says it all. Curious to hear what the lessons you all learned after your first year of landlording.
N/A N/A
What is the best improvement you can make on your home?
This one might be bet for the appraisers out there. What is the best improvement you can make on a home/property? New Bath / New Kitchen / New Bedroom?
Also, what is the worst. Someone once said pools were bad in...
Jim Kimmer
Help analyze this Mobile Home Park deal in Indianapolis
Hi all,Would like to get feedback of a possible mobile home park deal that I have on contract in Indianapolis, IN. It is located 4 minutes away from the Indianapolis Speedway, 10 minutes away from downtown, and reside...
Account Closed
Best Practices for Raising Capital - Large Multifamily
Hey everyone! I am a multifamily syndicator and looking for out of the box ideas on raising capital and filling the top of the funnel. My background and profession is sales so I'm great at talking to people and turni...
Luis De Jesus
Marketing my first rental, any critique appreciated.
Greetings all, hope your 2023 is going great so far. I am marketing my first rental in the Ocala Florida area. Three days in and no contacts yet. Beginning to think I might be overpriced, but as this is my first ti...
Melanie Siegel
Alternatives to cash out refi?
I'm trying to do a cash out refi on one of my rentals in Nevada so that I can reinvest the money, but I'm having a hard time qualifying. We have great credit, but because we were not planning on this refi earlier this...
Gary Baker
1% rule
rules rules rules.The good old "rent should be a minimum of 1% of the property value to make ends meet" is failing currently. With housing prices in the DFW area rising rapidly there is no way the existing market cou...
Michael Beeman
New landlord.. Tenant Screening service? Rural area. Mentor
Hello BP, I'm Michael Beeman.I recently purchased a large older home with a garage that I am turning into a 3 plex, and in May I'm closing on a 6 unit apartment. I got some really great deals on these units.. But, as...
Jim Peckey
Best way to accept rent payments & separate finances?
Hello good folks of BP,My wife and I will be closing on our first owner-occupied rental property (duplex) in May 2019 and I'm trying to do as much up front leg work as possible to prepare for us being new landlords. ...
Chi Ta
BRRRR is a mythical creature that happens once a year.
So, after discovering the BRRRR method it all made sense to me that it's just a flip but instead of selling for instant profit you'll refi the property and hold it for long term gains. Great sounds like a deal, howeve...