Todd Merry
how helpful are property managers, really?
I'm new here and really like this site. All this talk about property managers makes me wonder. How many of you used property managers? I've heard their rates are usually 5-10%. I handle one SFR right now, but am l...
Alex Silang
Getting called a "slumlord" by friends and family
I bought 2 triplexes in blue collar areas. I am very good landlord, I always fix things on time. I'll do extra stuff - for example last week it came down to repair the fridge or buying a new one. I went with buying a ...
Amy Raye Rogers
The Negative Cash Flow Club!!
The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
Jason Chmel
Need 12% Cash Flow to walk away from our jobs. Possible?
My wife and I are contemplating an early retirement. Very early. We have saved well and have some money, but not enough to live on the 4% the mainstream retirement people say we need.My question is this: Hypothetic...
Aldo Fazio
Analysis Paralysis or just haven't found a working deal?
Hello BP people! I'm new to investing, though I have been reading about for at least 1 to 2 years now. I feel like I'm ready to rock. I'm hooked up with a couple realtors in the market where I'm shopping, which is Kan...
Grayson Gist
Racism versus Return
Hey there,I want to build a fence around my owner occupied fourplex. I watched a neighbor put up a beautiful 6’ privacy fence and hoped the contractor would put up a sign. They did so I called it. He came out and gave...
Craig Hormes
Section 8 Housing: Great Idea or dangerous in the current market?
I'm operating in the Tampa Bay area of Florida, and I'm considering purchasing property for section 8 rental. I did a forum search, and some of the Section 8 questions were a few years old, so I would refresh it. In o...
Ashley Roush
Applicant has no social or driver's license number
We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....
Casey Roman
My Cash...is Worthless.
I have been trying for years to reinvest $100,000 into some form of real estate and have gotten absolutely nowhere. Because I own my own business and deduct HEAVILY off it, I qualify for zero mortgages, even with perf...
Mark Gallagher
Diary - Buying a non-performing note NPN from start to finish
For the past few months, years perhaps, I've been trying to soak up knowledge in the area of note buying. It has been especially intriguing to me since my partner and I handle a large volume of foreclosures and I get ...