Charles Phanumphai
BRRRR in Colorado still doable?
Cost to buy anything is Colorado is so high now that by the time you add rehab expenses and then have rent taper off on the other end BRRRR starts to no longer make financial sense. Maybe I’m just inexperienced or no...
Chris Breezy
So my father just retired at 55 and recently got 100k
Not being real estate, what’s his best move with this money. With his retirement he is comfortable to live but he’s trying to really use this to his advantage. He asked me and I didn’t have a great answer so I’m here....
David Fritch
How ironclad is a letter of intent?
There is a mobile home park I've wanted to look into for several months. I stopped by and talked with the owner today. I had done business with her years ago and she is friendly. When I asked, she said that she had si...
Ben Dunning
Second set of eyes on First deal analysis
Hi Everyone, Hoping to get a second set of eyes on my first set of calculations. This is a TK in Indy, good B neighborhood. I still need to talk through all the details of the rehab but it will be thorough. Quick ...
Dustin Caldwelll
First Right of Refusal
I had to relocate to Chicago from ATL for my job and hired a property MGT company to assist with renting out my home in ATL. We found a tenant who owns his own company, wants to pay in advance with 3 month incremen...
Lynne MacFarlane
Path of Progress in the Midwest - Your Thoughts?
Hi BP folks:So, the definition of the term "path of progress" is the direction in which an emerging market’s growth is occurring - because progress/growth is occurring in these areas, demand increases, rents rise and...
Braden Anderson
What do you name each of your rental properties?
What do you guys name each of your rental properties? To keep track of them all. For example, right now I only have 2 rental properties in 2 different cities, so I call them Pleasant Grove house and Saratoga Springs h...
Joe F.
Multiple offers but no one buys?
Couldn’t make end time of open house so made an appointment with a real estate agent after open house. Listing agent was still there and said there were multiple offers during the open house. So I only gave the house ...
Arcinio Arauz
Creative solution...help me think.
I generally work with properties under distress, get an option and wholesale. I found a house with over grown grass and vacant over one year now. I finally got in touch with owner and she stated that the house may be ...
Mike Alder
Building "Tiny Homes"
Hello BP Family,Does anyone in the group have experience building or living in these super cool "Tiny Homes"I'm brainstorming a strategy for 2016 and looking for some feedback on the subject. Thanks!