Wife and I purchased a SFR in Phoenix a few months ago with the plan of making it a LTR. We thought we had our rental numbers right but after listing it for just over a month, we're looking to lower the amount again a...
Hello BP! I’m having an issue with a contractor and getting signs I may be getting burnt. I will outline the situation below and please let me know your thoughts!!- Rehabbed 4 houses in the last 2 months. I engage...
Just listened to BP show #311 with guest J Scott (I know I'm late to the party). If you haven't had a chance to listen to it yet, you should. J talks about his 6 tips for REI in the current market. As someone who cons...
I have the opportunity to buy an old motel that is currently being run as month to month rentals. Cost is $1m and grosses about $300k-$350k per year. As for me...I have great credit (800 fico) but little cash (a...
How do you know when the market is good to sell vs when it is good to buy?
Over the past two weeks our law firm has seen a new trend in our market. We are seeing the real estate investors who bought large numbers of property, finally start losing their ability to pay. The typical scenario an...
I've been researching buying something for years (about 4 now) and have yet to pull the trigger. There is always a reason and in my area (Massachusetts) prices have stayed very high so that makes it worse. My wife als...
We moved to florida from western NC and bought a house while still trying to sell our old house in NC...
Well, it isnt selling.
We have been paying both mortgages for several months now, and are bleeding money every m...
Hi all,I'd like to ask the veterans how their apartments performed during the crash 10 years ago. My portfolio grew the most in just the past couple of years so I didn't experience what it was like being a Landlord du...
Now I know there are many factors such as location and stuff like that but let's consider the external factors to not affect this. Also I do realize that everyone is different, but from your experience, would you say,...