Hello BP Community!I'm a residential investor in FL and I have been considering expanding my portfolio by purchasing an assisted living facility (ALF). This is a very new venture for me and I would be very grateful to...

How much do you pay a lawyer on the buy side of a transaction? I saw another thread that said they work with lawyers that have $250/hr rates. I've been told $550 and $700 by individual lawyers to close on a property.A...

I currently earn a solid income from my day job and am working to diversify my investment portfolio by focusing on multifamily real estate. I believe multifamily properties offer better value for the time spent managi...

Hi All,I had posted about a year ago about tenants brought in by a new property manager. It seemed to take them a long time to rent the property and I had a bad feeling about these tenants from the start. This was bec...

Best state to invest in buy and hold rental properties ???? is it a Hands down topic ? Or is it debatable ?

Hey everyone,

I’m really happy I found the BP community and have now listened to most of the podcasts and attended my first REIA meeting this week. I’m hoping to ride that wave and really get going on investing.
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I was listening to Podcast Show 81 the other day and one of the things Michael Quarles said really surprised me.  He said that when someone calls him to sell them their house, he does not (ever) make an offer. He (ess...

Hi investors,My first tenant moved out after 7 years and it is costing me $7-8k to fix!  What's your average move-out reno cost?  And how many years of cash flow is it wiping out?  This is my first move-out and I"m fi...

Took a chance on a young lady with 4 kids, as many landlords know, kids can be very detrimental to a property. A large percentage of landlords discriminate against children in the application process... I decided not ...

At the time of screening, he had a credit score of around 600-615. 94% time on-time payment and one collection. I took a risk as this tenant has a family. Tenant was more than willing to get into the property(as he ga...