Steven N.
Hey BP, looking for some direction
Plans:Immediate - nothing but learn and ask questions, receive advice.Summer 2015: Begin purchasing real estate.Alright so I have been lurking on the forums trying to find direction for my wife and I for next summer. ...
David Charles Edwards
Selling rental properties and moving into Fixed income for early retirement
I'll be 55 this and our last one graduates high school and will go off to college this year. My wife and I a debt free and own 15 rental properties worth around 1.5 million (net after sale taxes). We also have healt...
Jacob Evans
UHAUL OR BOX TRUCK FOR DUMP RUNS
Yesterday my contractor told me I'm paying $1,000 per month to rent a dump trailer for trash outs on our flips. I assume I could save that $1,000 per month rental fee if I just bought a uhaul or dump trailer of my own...
Christopher McConnell
Room by Room to College Students
Hi! I am in the middle of purchasing a 3/2 SFH in Tennessee about a half mile from a university. I want to try to increase rental income by renting room by room. I was just wondering if anyone has had any experience w...
Rik Chatterjee
How will COVID-19 change the average rents?
How do you think COVID-19 will change the average rents in an area? Will it be pushed down or up? By what percent? How would different property classes see the rent change? (Class A vs Class C). What would be the imme...
Leon Lee
How to control the utility bill for mid-term guests
Hi, Fellow BPersSo, I was doing a little happy dance because we finally got stable mid-term guests in about 30% of our units. But then, bam! I get hit with this nearly $400 power bill for a 1200 sqft townhouse for las...
Ronnie Woolbright
Late fees and month to month lease
HI all,I have a tenant (Texas) with an upcoming lease expiring and wondered if I can raise the late fee while going month to month? Does this require a new written lease or just a written notice regarding a late fee i...
Dan Mumm
Investor/Agent Relationship - Finding Deals
Hi all,
I've had a lot of people reach out to me privately about investing in Las Vegas and decided this would be a good place to share some tips for building a successful investor/agent relationship. Part of my in...
Angela Arriaga
House Hacking in Los Angeles County
Hello fellow real estate investors,Our journey began with the desire to secure property for my fiancé and me, marking the next steps in our future. As low-income owners with a keen entrepreneurial spirit, we balance W...
Alec Barnes
How Do You Ensure Quality Tenants?
I know there are a variety of screening practices used by landlords and property management companies. Personally, I follow this standard for every application I receive:
- Income of at least 3 times the monthly rent...