Matthew Ware
Advice: I Inherited a house in San Diego with a Long Term Tenant
I am a 44 year old teacher who suddenly inherited property in San Diego when my father passed away unexpectedly. I have no experience managing tenants or property. The home is a single family home in the Clairemont ...
Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
Travis Elliott
Help me spend $600,000. Looking to buy multiple units and I need a good strategy
Hi guys.A little about myself. Some years back I sold a business. I got a lump sum of cash down and then I carried the contract for the remaining portion. More on that soon. I retired young and moved to Asia. I now ha...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Rudy Ferrara
real estate wholesaling under attack
Realtors want wholesalers out of the picture completely. We need to unite and fight back nationally
rudy ferrara
James Piercy
Nightmare 1st Property - Does it get better?
Hello Everyone,I currently live in one of the most expensive areas of the country (Bay Area, CA). I work in tech at an amazing company (Facebook) and I am extremely fortunate to have a relatively high salary for my a...
Allyson Edwards
When should I start getting nervous? Cant find a good tenant!!
Hi everyone,I have a property in NC that i closed on June 15th. https://www.zillow.com/homes/105D-Brookshire-lane-...I have a property manager taking care of trying to get a renter. the problem is she is constantly ge...
Grayson Gist
Racism versus Return
Hey there,I want to build a fence around my owner occupied fourplex. I watched a neighbor put up a beautiful 6’ privacy fence and hoped the contractor would put up a sign. They did so I called it. He came out and gave...
Juan V Lopez
“Live where you rent. Rent what you own.”
“Live where you rent. Rent what you own.”I’m sure many of you have heard Grant Cardone say this. I’m curious if anyone has applied it.My wife and I own investment properties and had our minds set on purchasing our own...
Shirley X.
Agent hasn't rent out our duplex 3 weeks after closing
Our buyer’s agent offered to list our duplex for rental with the commission paid by tenants. However, it has been 3 weeks after closing but there has been no deal despite activities of showing and open houses. We are ...