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So I inherited some tenants on a property I closed on earlier this year and had to go through the eviction process. While I was doing my due diligence on this process, I found some difficulty getting details on what t...
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Good Morning everyone!I'm a huge fan of networking, BP, and comradery so I thought I might be able to help someone by posting my journey thus far. In my new member intro I went into my backstory and goals a little bit...
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I am 23 years old and am looking at buying small multi-family (<4 units) with a silent partner who is a physician by day. He is worried and wants his personal assets protected when investing (he is a high net worth...
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How Do You Define a 'Mom and Pop Investor' ?Before I started investing, I looked down on the hard working 'Mom and Pop Investors' who "only" owned 6 or 8 rental properties. Years later I stand with them and admire the...
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Value-add investors getting busted for fudging the numbers.https://www.wsj.com/articles/u-s-pursues-one-of-the-biggest-mortgage-fraud-probes-since-the-financial-crisis-1534357872
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So I've sent out two rounds of direct mail totaling around 1,000 letters. I've got a 1% response rate. I've made 6 offers. All of those offers were below market value and only cash flowed $100 per door (all duplexes) ...
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Let's assume:1) I have a quality tenant who pays rent on time2) PM responds promptly to my emails/calls3) I live far from property so cannot drive by for first-hand look at property myself4) I do not gather feedback d...
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What are some names of really successful real estate investors?
I understand this might be a difficult question as investors usually aren't celebrities and don't become widely known, but I'd like to know about any re...
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Hi! I'm under contract to purchase a home in a ski resort town. The place needs a ton of updating but is quite large (7 bedrooms/5 baths) and I see incredible potential. It has a separate 1-bedroom apartment attached...
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Hello BP,
I'm soon to close on a single family house thanks to my mentor. For my next step I've been thinking about house hacking a 4-plex during college, which I'll be entering this fall. My main concern is excessiv...