Henry Clark
Self Storage Day to day Constructing a new facility
Day in the life- Constructing a New Facility location
23 June 2020, 08:39 We are starting our 8th and final storage location. I will try to give an update as we go through construction. Although this will be instruct...
Nikki Harmon
Wholesaler Misrepresented himself
I am in the midst of dealing with a wholesaler that has left a bad taste in my mouth for the wholesaling business, and am wondering if this is common practice.A little background: So, I'm trying to sell my house and ...
Derek T.
Realtor Charging for Comps?
Okay so I have a buyer's agent who I work with to view investment properties and to evaluate deals however he lives about 50 miles away and can only get to me to see properties once a week. So I met another agent at ...
Will Barnard
The Occupants from Hell!
I am currently dealing with some occupants (who are no more than squatters) and getting them out so I can get in and start the rehab has been a daunting process. Typically, I get them out with cash for keys and it is ...
Jeff F.
Cheyenne, WY 7 Unit Apartment Complex
On December 2, I closed on a 7 unit apartment building. When I made the offer, I saw a lot of things, but the two most common were disaster and potential. Due to the size of the place, the insane income numbers, and t...
Alicia Marks
QOTW: How long did it take you to purchase your first investment?
Welcome to our question of the week! Based on last week's responses, we have a lot of lurkers that have not purchased their first property. Buying the first, or even second and third can feel pretty nerve wracking. So...
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
I want to talk about my experience taking Rich Dad/Elite Legacy Education's three days Real Estate workshop. The conclusion: it's a scam. The purpose of this post is to alert people about this $35K scam (since BP has ...
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Sabrina Brown
Difficulty selling rental properties at loan amount
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
Account Closed
How to get to $30k/month if you were me?
Hello! I've learned so much on BP, mostly from lurking over the last few years as I prepare to shift full time to RE. I'm curious to tap the brain trust here on any angles I may not have considered. Would love to hear...