Andrew Connor
Property Analysis in Sarasota, FL
I'm 27 and live in Philadelphia, PA. I've been wanting and planning to begin my REI career by house hacking in the Tampa area, so I've been saving money for a down payment and researching the market and area.
Howeve...
Andrew Schutsky
How I Found My First 2 Deals as GP and Lessons Learned
Like many reading on here, I began the 2021 calendar year with great ambition; I wanted to close 2+ Multi-family deals as a GP of 50+ units each. Most importantly, I wanted to establish my brand and reputation in th...
Bill F.
Thinking Zillow Flipped Homes Means You Aren't Thinking
A few active threads popped up on BP with the consensus being something like “hahahah Zillow lost a lot of money trying to flip houses…How dumb are they, lets all point and laugh’. Or lets make memes about them, becau...
Barry Cooley
Tenant remaining in home after foreclosure
Good afternoon. I need the advice of the more experienced people on here.Four and a half months ago, I closed on a foreclosure. There was a man, his wife, and five children living in the home. The home had belonged to...
David Janash
What can one expect to pay/earn with a private lender?
A couple of days ago I read about a newbie on here that was about to make $200 cash flow (I've made the same mistake) on a huge risky investment.
The pros weighed in and one stated "you can make more money managing so...
Carol Venolia
How do you cope emotionally with nasty tenants?
I'm one year into being a landlord, and I loved it for about the first six months--in spite of numerous challenges. I could handle it! My motto was "Nothing's gonna stop this cowgirl!" I rode high in that saddle.But t...
Nwakaego O.
My contractor has blown throw the allocated budget
Hey everyone, I'm new to this home ownership deal and am currently doing some rehab to my basement. I have had to stop all repairs being done to my house because the contractor sent me a bill of an additional $38K on ...
Mike McKinzie
Fudging the 2% and 50% rule
As has been discussed quite heavily on these forums, as investors, we look to 'gross' 2%+ of the purchase price and expect 50% of the rent to pay for all expenses except the financing.
Do any of you 'fudge' on these ...
Jay Hinrichs
Air BnB and short term rentals being attacked by cities
Danville CA.. just voted to out law any rental of less than 30days... St. Helena CA.. ( Napa Valley) home owner fined 20k for breaking the short term rental laws.seems like one would need to be pretty careful buying a...
Jon Whatts
Murder at rental. What to do?
First time here on BP. A friend recommended I ask here.My resident just lost a college aged child to a murder in the yard of one of the rental. Any advice from those who have gone through such a situation or know so...