Charles Kennedy
Am I crazy to self-manage from afar?
I am under contract on a quadplex near a university that is 4 hour drive from me. After speaking with some property managers, I'm realizing they really know how to tack on the fees... 10% (expected) of all revenues, 1...
Timothy W.
You know you're a real estate investor when...
1. Your worth a million dollars and can't afford to buy a sandwich.
2. You tell your realtor to send you properties that smell like cat urine.
3. You have at least 5 unopened packages of white, walmart miniblinds...
Brett B.
Some Realtors don't service their clients well.... 2 stories
So I have a few rants that I would like to share. I feel like I can move on after sitting on the BP chair and talk about it.Story 1 - 22 unit complex in Houston TXSo I purchased a 48 unit complex about a year ago for ...
Diana Pritchard
Educate your Real Estate agent
Hi BP Community,I wanted to share my recent interaction (email exchange) with a real estate agent who was advising me to up my offer price to beat the competition.About 20 days ago, I called an agent about a double (1...
Jennifer H.
Should you rent to a tenant who filed Chapter 13 Bankruptcy one year ago?
What are your thoughts to renting to a tenant who went under Chapter 13 bankruptcy? Tenant that applied has a very low credit score of 545 and is under Chapter 13 bankruptcy. Credit check reported bankruptcy on ...
Rich Weese
4th obstacle to creating real wealth
And by far, is income taxes. I know there are tremendous legal methods how to not pay income taxes, or to pay very little. Judge Learned Hand(his real name!) once said in a court case " it is the right of every Americ...
Samuel M.
Turnkey
Hey, I'm a young adult who has been studying up on turnkey properties and the pro's and cons of owning one, studying the various markets that offer said properties and so on. Overall I'm focused on acquiring one but I...
Wendy Schultz
Share your Crazy Vacation Rental Stories
I think I could write a book sometimes with some of the crazy stories from owning and managing vacation rentals. I'd love to hear your stories and how you've addressed the issue to prevent it from happening again (if ...
James Carlson
Denver couple face felony charge over Airbnb
Wow, this is interesting ... Denver has filed felony criminal charges against a Denver couple for operating multiple Airbnb short-term rentals in violation of the primary residence.According to the people I talk to in...
Elizabeth Maloney
Unreasonable Move Out Fee?
Hello, recently I lived in a Townhome, and due to financial reasons, had to move out.
We received extra expenses upon moving out, most of which we believe we should not have to pay for, so I'll go into a bit more det...