Denny R.
First deal done! First rent check in the bank!
Finally got my first deal done!!! It was a hell of an experience, but I wanted to receive my first rent check before I posted my success story.Quick background on myself: I am 25, finance degree, work full-time, aspir...
Mike Shemp
Need Advice- My sister in law is living with a roommate who is physically abusing her
Hello BP Community,I will try and keep this post as short as I can, but ultimately I'm looking to ask the landlord and legal experts in this community about any advice that can be given to my sister-in-law about the s...
Tyler Brown
Do you have a system for investing out of state?
I'm looking to purchase rental property to buy & hold for positive cash flow.Unfortunately I'm located in New York City, where anything remotely close here is far out of my budget, and regardless, this is not a la...
Jackson Long
What can you tell me about investing in Memphis?
I am a person who needs to make his own mistakes. Doesn’t matter how much you tell me OR EVEN how much I believe you. I need to burn my hand on the stove, but I get an awful lot of private messages asking questions ...
Matt Morgan
What happened to my $30,000 profit?
I thought I would post a recap of my first flip, a deal I thought was a slam dunk but didn't turn out to be in the end. The house directly next door, which was identical to mine, sold for $105k earlier that year and t...
Jay Hinrichs
First substantial loss
I have closed a property yesterday that I took a hit on... it was my first loss in 3 years and over 250 transactions that I funded. Take away... BP member good talker bad in execution.. I went and met with him in Atla...
Scott French
Flooring
Have some flooring replacement to do in a multifamily building. What types of flooring do you all like to put in in different areas? Note: this property is in the Northeast, so keep that in mind.
Common Areas
Kitche...
Will Gaston
Emotional Support Animal...that's a Pit Bull Mix
All:
I've got a well qualified tenant that I would love have...except she has an ESA that happens to be a pit bull mix. I'm fine with the ESA but I think my insurance won't be fine with the dog.
Waiting to hear back...
Cheryl S
Help with the 2% 50% Rule
Hello everyone,
This forum has been invaluable to me. Thank you for sharing your knowledge.
I live in CA, and I'm looking at a duplex out of state. No way could I afford anything around here.
Anyway, the duplex ...
Bob McIntosh
Potential Deal, looking for advice
So I have found a property, in a decent middle class neighborhood, the details are as follows:
[list]Property Price: $140,000 (asking price, can negotiate down but for analysis purposes keeping it here)
# of Units: ...