Hey BP’ers…I am really discouraged and looking for some advice.Context: My strategy is small MTR’s in Tulsa, Columbus, and Asheville. I own a primary in Vegas. I’ve identified two condos at $40k each I want to buy. B...
How many apartment units will it take to support a full time property manager? SOmebody who can collect rents, turn units over and coordinate repairs. I've heard anywhere from 50 to 100 for one person.
Hello, I wish I didn't have to make this post, but I am unsure where to go. Here is the situation: I purchased a 3-unit multi-family property in Elizabeth Port 7 months ago. All units are rented out, and things have b...
How much are the typical contractors fees to build a moderately priced home from the ground up and around $300K selling price? What is the % and if so, based on what? How do you give incentives like profit sharing, ...
Below is the market update that I sent to all of the owners that we work with. We send these out once every 3 -6 months. The format didn't transfer directly to BP, so, make sure that you scroll all the way to the bott...
Hi. I currently do all my real estate investing through my Self-Directed IRA LLC. Consequently, I don't need to report my income since it all goes back into the IRA. Up until now, I've been investing on my own, but...
We Are All DetroitDo you think the damage from the pending bankruptcy of the city of Detroit will be limited to Detroit? Think again. Detroit is partly the victim of economic trends far beyond its control, the down...
I spent some quality time with my Note Investing mentor at the IMN Conference a few weeks ago.Part of the discussion centered on the institutional non-performing notes being more difficult to source at low levels AND ...
Hello BP, really hope you can help with this one!
I am in Harris County Texas, more specifically the city of Katy,TX where public works, school districts and such are part of the tax bill PLUS additional fraction of ...
These are fatal errors. An investor who chronically makes these mistakes will not long be an investor.
The common mistakes made by experienced investors are a bit more subtle, but are perhaps even more damaging becau...