Kelsey Mortimore
Invest Now or Wait For Potential Crash
Hi! I’m new to the investing world. I want to buy a multifamily and house hack it. Would it be wise to invest now, while my market (Providence, RI) is super hot or wait for a potential crash? Any advice is greatly app...
J. Martin
Using range of expenses in your profit / ROE estimates?
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Mark Beekman
Operating Expenses Estimate Too High?
When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
Jenny Adel
Tenant demanding grass for yard
I've got a tenant in a single family residence who has been extremely aggressive and demanding since moving into the home a few months ago. We re-did the house and it's in great condition- new appliances, new paint, n...
Cailyn Aune
Alternatives to Turnkey Investing?
Are there ALTERNATIVES to TURNKEY INVESTING? You know... somewhere an out-of-state investor (or local investor) could find a "team" of people already in place to find/buy deals.... and then they have a trusted PM to r...
Tracy D.
Cash for keys- rewarding bad behavior
I am really only writing this because more and more frequently I have seen this come up. And it practically grinds a nail in my nerves to reward tenants for bad behavior by offering them cash to leave. It undermines l...
Heather De lap
Water bill is very high and no visible leaks
So very long story shortened my water bill is extremely high this month. We average $35.00 a month and this month it was $151.20. The jerk landlord told us in a very nasty little note to check out water leaks which we...
Landon Rasmussen
Self managed landlords, do you give tenants your cell?
I'm in the process of closing on my first property. I plan to be self managed. It's a 3 unit that is currently fully occupied. All tenants are on month to month agreements which means that it's possible for me to need...
Katherine T.
Help.. Struggling to rent first investment property
Hello BP, I bought my first property in Pelham, Alabama September 2015. I am still holdiing it and now I am getting quiet discouraged and almost doubtful of investing via rentals. The property is marketed in Craigl...
Tomiko Graves
13K Bathroom Remodel - Help!
Hi all!I just walked through my first flip property (yay!) with my GC this morning. He is quoting me 13k on a small master bath. I think it's too much but would love to hear from some of you. If I pay 13k for this ...