Matt M.
How many of you are strict with the 3x rent/salary?
Hi all,I have just begun to try and stick with the 3x rent salary. Do you ever stray? I have a nice single mom applicant, works 30-35 hours/week at $17 hour, gets $400 month in child support and still isn’t close to 3...
Elford Stephens
Roaches and mice and TERMITES Oh my!!!
We recently put a 7 unit apartment building under contract. During the inspection we saw evidence of mice, roaches, and active termite infection in the basement under the floor. We are new to investing. We need...
Dan Perrott
Indianapolis Council Proposal 215 - adding "Source of Income" to the discrimination list
This month the Indianapolis Council is to consider City Council General Ordinance No. 215. This proposal will require/mandate that all Landlords accept Section 8 vouchers and be subject to rules that go along with th...
Luke Smith
Credibility Counts: Should You Partner Or Build It?
Real estate investing draws all kinds of people in. Some are looking for a quick score, others are looking for cash flow to retire early. Regardless of your reason to enter the industry, you're main action item is fin...
Kelly B
just being yelled at by tenant for a bunch of drain flies that cannot be killed
I am a landlord of a single family house in New Jersey. For the last two months, I've been battling some drain flies in this property. I called several pest control companies and they basically told me upfront that th...
Divanshu Arora
Shelby County SFR breakdown
Here is some info from our recent analysis of Shelby County. Where do you see value in Memphis? • Total universe: 348,044 real estate properties• Zoning types: 34• Zip codes: 49• 41% of total properties: Investor own...
Jonathan R McLaughlin
Random thoughts on the new normal--yours?
Well, like everyone else I've been worried about keeping parents safe, home-schooling kids and economic security. BP has been a source of information, occasional frustration, distraction and humor. So I thought it wou...
Kamren Longton
Who makes up our community and how can we help it expand?
Hello BP familly I'm Kamren! So this is a demographic question is for everyone that was spurred on from my first Real Estate Investment Group meeting earlier this week. For a little background on the this I was read...
Account Closed
How do I sell 38 acres of land permitted for 88 homes Elgin, IL
I am on the finance side of real estate. A long time customer has asked me to sell 38 acres of land permitted for 88 homes. Any advice on best way to achieve this goal. What type of points should I charge him? I am ...
Samuel James
Great Deal that took creativity to make the money
Investment Info:
Other buy & hold investment.
Purchase price: $109,000
Cash invested: $25,000
Downstairs was commercial and upstairs second floor and third was vacant. I did a land contract for ...