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Before I did my first deal, I spent time on BP searching for people like me going through their first dealings in this business. I found many who started sharing their adventure but when it started to get good, the t...
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Ok all, I got the photos back on my Toledo property purchase and my heart sank. I now know for sure my move wasn't gutsy it was stupid with a capital S. What really bites me is that I believe the investor who sold m...
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Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...
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Hi, All. I've been looking for a multifamily property, and finally came across one that seems to work. All 4 units are rented for a total income of $2,235($26,820/year), with overall expenses of $7,630. So Net Inco...
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Ugh, not again. Are we entering crazy bonkers time again? I just had clients lose a home in the Denver suburbs a competitive situation reminiscent of 2021/2022. The home got 18 offers and went for 12% over list price....
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Good afternoon,I was just curious how everyone handles the stress of owning rental properties? Owning RE sucks. I own and manage 20 units all on my own while working full time with a family. This past year has been...
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Please share your systems and tips for successfully running a low income investment strategy. Especially around rents, maintenance, evictions, tracking expenses etc.
I recently purchased a few low income properties ...
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We FINALLY listed both of our houses for rent and received an insane amount of interest. I have responded to more than 40 e-mails. Due to the interest, we decided to hold an open house for each of the properties. T...
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I always see posts from investors asking about the cost of a rehab, a particular estimate or a general construction problem. I have 20 years of construction experience. From remodels, ground up, all the way to develop...
Don't blame everything on interest rates - It's because wages haven't kept pace
My wife and I bought our first house in Seattle in 1986 for $78,000. It was in a safe, desired neighborhood, post card view of downtown,...