Joe P.
"A year+ of progress...or maybe not." Deal Analysis after 1 Year
Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
Christopher Herrera
My house won't sell for the price we want
Hello BP community. So we have a house that was flipped and put for sale back at the end of July. We had an offer in August but after the inspection report she backed out. It was nothing major just a lot of small easy...
Chris Seveney
Creative Financing = Over Leveraged
So this may stir the pot, but i am seeing a ton of posts on BP about "creative financing". While yes there are creative ways to structure financing deals. When it comes to seller financing in many of the cases the bor...
Lisa Kattenhorn
Let tenant deduct services rendered from rent?
Hi everyone,I have heard mixed opinions on this topic and I would love some input from all of you. One of my tenants is a licensed electrician and is willing and able to do some small jobs for me around my new rental...
Max May
House Hacking a multifamily in San Diego
Hello BP!I am a newbie investor, and long time BP Lurker. I have been interested in real estate for years, and thanks to a random influx of cash I am now finally ready to get started with my first property. My plan is...
Account Closed
Grant Cardone or Dave Ramsey
I Have been Listening and following Dave Ramsey plan for a while now. I happen to stumble upon grant cardone and have been listening to his materials. It's a total different approach from what Dave Ramsey teaches. Gra...
Brandon Turner
Landlords: Are YOU breaking the law?
http://business.ftc.gov/documents/bus49-using-consumer-reports-what-landlords-need-know
Hey everyone,
So I read this online today, and am wondering if others are properly following the law when screening tenants? I...
David Sanders
4BR SFH Pool Home STR near Disney, is $4K/month NET revenue realistic?
I'd really like to hear from people who have a 4 bed pool house near Disney if $48K per year net revenue is realistic. By net I mean take home pay after direct booking fees, including cleaning. But not including utili...
Roy Gutierrez
Flooring
Need to make a few decisions and I still don't have my big boy pants to make them! Bought 2 houses in the city of Oak Park here in Michigan, not a high end area but definitely a nice quiet/affordable city with very...
Curtis H.
Does paying mortgage give you equitable interest?
Not sure what forum this goes in but I have an interesting question. This doesn't involve me, but a childhood friend. I'm not sure what to tell him. Here is the scenario as simply as I can put it.* Used family member'...