Travis Glenn
Putting Makeup on a Pig
Good Morning BP, So yesterday I put in an offer for my very first investment property. It's a C class property that from my analysis would give a Cash ROI of about 20%. Needless to say I was pretty exited about it. La...
Terrence Evans
Possibly a dumb newbie question regarding NPNs
Ok so let's say I buy a a non-performing note for 30 cents on the dollar and I know that the area is someplace relatively depressed like say Detroit.Let's say that the balance was $30k and the property is worth half t...
John Bergstrom
Psychological help! Laissez faire fsbo seller and I want the place as-is. crickets
I need perhaps some behavioral advice. Have been looking for a few years for land in southern MN/northern IA on which to build an old fashioned foursquare and barn/outbuilding...something about 10ac+. Found a small pl...
Vlad Selsky
Great investment, but zero HOA reserves. Show stopper?
After a very long search, I am days away from signing a P&S on a condo investment. This is in Boston. It is a residential unit in a 12 unit complex. 9 are residential, 3 commercial. The cash flow and IRR are fanta...
Michelle Lyons
Notice to Pay or Quit
I have tenants who are behind on rent for various reasons. Last Sunday I told them if they'd at least pay $500 that I would promise to not file Disposessory on Monday and they did pay. They are still behind a month an...
J Richardson
Still struggling with background check for years now
I'm on my second rental property, but I've always struggle with the background check. It seems that most of the bad applicants won't even fill out the one page background application and return it if they have a ba...
Ryan Rupnarain
My First BRRRR Success!
Hey Everyone,I wanted to share my first BRRRR success story with the BP community. It's a bit lengthy but you can scroll down the find the details of the deal.STORY:First, some quick background (deal starts on 3rd par...
Becky Watkins
LLC Setup - Legal Protection
We're working on setting up our LLC and need an address and agent for service of process.
Our CPA suggested we looked into virtual offices. We did and they are about $80-100 a month. That seems like a lot just to p...
Account Closed
What do you offer as Ernest money on foreclosures ??
We have been buying foreclosures off the MLS. are offers are cash purchases no inspections and our agent has been suggesting EM of 10% of the offer price. My issue is that some of these transitions are taking up to 6 ...
Adam Stroik
Screening Applicants...what would you do?
Greetings All,I have a SFR opening up in a couple months and started accepting applications. I had one applicant with a domestic abuse on his background check. The incident occurred almost 20 years ago. what are y...