Andrey Y.
How to determine how many investment properties to buy
First of all, I really do appreciate all the helpful guides and discussions on here to help educate a new REI such as myself.We can all invision the statement "It is better to purchase 5 properties at 20% down, and fi...
Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
Seth B.
Is my cash flow really $135.75/month?
I bought a duplex a couple of months ago. Here are the numbers:
Purchase price $85,000 (I put 25% down)
Monthly payment including taxes and insurance is $585/month
Total rent for both sides is $1,...
Jhansi B.
tenant withholding rent saying landlord hasn't fixed the items
Here is the story short. Rented single family home in March and the tenant was late in payment in May (which I gave her grace period and first time late fee waiver) and again she was late in June but said that she pai...
J. Martin
Work/Life Balance & Staying Sane - Your Tips?
I own and manage 6 units with $100K in gross rents, all cash-flowing in the Bay Area, while working an "officially" full-time job. Bought the last directly through listing agent, and in contract on 2 duplexes right...
George Griffeth
Problems with General Contractors?
Hello community,I’m a young construction professional preparing to go out on my own in the Los Angeles market. I’m working on a business plan to better define my business in my own mind. I’ll be getting my general con...
Michael Vu
How Many Issues is TOO Much to Make a Deal Not a Deal?
Hate to be at this point again in the due diligence, but here I am. Ready to learn.
I'm under contract on a duplex (first deal) and after having inspections, I don't know if this deal is worth it anymore. I'd appreci...
Brie Schmidt
Diary of a Bulk Buy
I am looking to do another bulk buy and wanted to document my experiences here. I already have a commercial lender in place who did our previous loan. The challenge is that I am looking to buy 6 - 10 properties that...
Ryan Ahlgrim
Do you allow rental applicants to self show your properties?
I'm assuming most will answer that question with a "no" (or "HELL NO!") but are there any landlords out there who allow rental applicants to view their properties alone without themselves or someone from their propert...
Ralph Dicharry
Flooded Houses in Louisiana
Hi BP familyLiving in Louisiana I'm beginning to receive calls about people wanting to get rid of their flooded houses from the 2016 flood. I have never thought about flooded properties before so I decided to reach o...