Joe Capobianco
Tenants pet died should I end pet fee?
Tenants have been in my rental since February with their dog and they pay $50 month extra as a pet fee. In NJ I cannot accept a pet deposit and security deposit so I decided to add the monthly pet fee. The dog died...
Marcus Maloney
Do You Think Direct Mail Is Dead????
I need your input do you think direct mail is dead
I ask this question being facetious, honestly it depends on the market. Look at this deal we closed with direct mail being a marketing source.
My initial conversati...
Jess White
What does diversification look like for real estate investors?
We hear so much about how we should Diversify our money and portfolios. Yet most of us here on BP beat to a different drum. We don’t depend solely on a work 401k or pension plan to be our saving grace when we are 65. ...
David Sisson
Trouble finding qualified tenants in RI + questions about SF
So, I'm purchasing my first single family as a rental. East Providence, quiet B neighborhood. 3 beds/2 bath. I'd say that the unit is C+ or B- quality, with the nicer homes in the neighborhood being the owner occupied...
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...
Katrina P.
How would YOU approach this deal? Or would you?
An agent that I'm working with, told me he has a short sale listed that is a "good deal". Here are some of the specs:
*On the market 91 days
*3 bdrm/2 baths townhome
*Price was reduced from $199k to $175k to $169k
*...
Carl Schmitt
"Flipping a short sale is illegal"
I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...
Account Closed
Turnkey - Why Flip to Investors?
At a recent investor club meeting, a group of investors raised the question - why do Turnkey Companies "flip" their properties primarily to investors as opposed to owner occupants? One person responded, "because the m...
ED Russo
Whats More Profitable? Marketing To Sellers/Buyers
I have been marketing to sellers which cost $$$I spoke to a local wholesaler that markets others deals to her buyers list. He told me he spends most of his time marketing for buyers. In fact there two big wholesalers ...
Roy Assaf
Yellow letters direct mail in Brooklyn, NY - Not even one phone call after our 3rd touch, Why?
BP marketing experts, I have a question:We started our direct mail (yellow letters) a few months ago in a hot area in Brooklyn, NY.We bought an absentee owner list from listsource and we decided to send out 400 letter...