Colleen F.
1100 electric heat bill for tenants what besides use could be wrong and what can we do ?
Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...
Mindy Jensen
Outside of real estate, what are your hobbies?
Real estate is super fun - and most of us are obsessed. But what do you do when you're not real estating?I'll go first. I love to hike, road cycle, and snowboard.
Engelo Rumora
How much profit should you make on your first flip?
I know when you first get started investing in real estate, money is always a tough situation. You never want to lose money when you're buying and flipping a house. When flipping a house you should make as much profit...
Cruz Gartner
Anyone on track to quit their 9to5 in < 5 yrs from rental income?
Hi BP,
My first post :)
I started in Dec 2019 and am now up to 3.9k a month in pure cash flow. Need to get to $10k before I think of quitting and gunning for the end of this year. Looking to still get educated and m...
Zachary Giles
Should I get out of debt before investing?
My wife and I are split 50/50 on wether or not to pay off all our existing debt such as student loans and auto payments before we take on more debt to invest into real estate, or we begin saving to buy our first renta...
Jill F.
The affordable housing situation right now is desperate.
I just listed an apartment on Friday. It's in a "D" neighborhood. It's my first turnover in over 3 years (39 months) in these buildings (2 side-by-side quads). I had **13** solid, completed applications (not just vag...
Matthew John
Crushing it with THIS Hybrid Model in Metro Detroit (Pics Inside)
After such a positive response from my first thread on the BRRRR model in Metro Detroit, I wanted to share a new strategy that I've successfully implemented into my business which will MAXIMIZE CASH FLOW from small Mu...
Philip Bashaw
Up to $25,000,000 (yes 25 million) to invest
Hello BP People!I figured this might be the best place to post this and get feedback. Through networking, I have perhaps stumbled upon the golden goose that all real estate investors seek. No offense to a the hard mon...
Bienes Raices
Making multiple short sale offers
If you're only looking to buy one house, is there an issue with making several offers on different short sales and then when one is accepted by the bank backing out on the others (after the seller(s) accept, but befor...
Erik Haugen
Ethical dilemma around kicking tenants out
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...