Yoni Weisbrod
Serious risk in owning multiple properties?
I see that it is a common goal for Buy & Hold investors to own several rental properties. Wouldn't having multiple mortgages expose someone to an excessive amount of risk? Suppose there's a market crash, rental ra...
Joshua Berube
building a fourplex as my first deal. trial by fire.
Well, as the title says I am going to try an build a fourplex. And its my first deal. This will be my diary. Come hell or high water, you will have a front row seat.Before we get into the deal, understand that I am go...
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...
Ben Payano
$800 Negative Cash FLOW Per Month Should I Still Hold?
Hello,I'm in a tough situation and need your suggestions: I purchased a property (Loft) in Downtown San Diego 2016 and recently got transferred overseas for work--I'm scheduled to return to San Diego in 2020. Since pu...
Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
Jeffrey K.
Highest and Best
Can we all make a pact that we will submit our highest and best when we deal with REOs? I am tired to loosing deals, bidding against myself, and the bank playing us against each other.
Emily N.
Can't raise rents, roofs leaking, people not paying rent -YIKES!
Hey BP friends!I'm looking for some advice on a property in our portfolio. It's 150+ units in Oklahoma. Built in the 70s. Flat roofs. C+ property.We purchased this property thinking we could reinvest all of its cash f...
Aaron Z.
18 month plan to quit my job. What do you think?
I am quitting my job in 18 months.
To cover a comfortable lifestyle I need an additional 30k in yearly rental income. I have a good amount of money saved up to buy homes with cash and then refi them but very littl...
Account Closed
NOUVEAU RICHE-Interesting Review
I found this on another site and was given permission by the author to post it here. I am neutral, have no experience with Nouveau, but found the review extremely interesting.
NOUVEAU RICHE - New Bootcamp/guru - Dolf...
Branden Sewell
That didn’t go as planned!
I reached out to a lender and I was told I had to have capital of my own. I thought you didn’t have to have capital? He told me any lender is going to require me to have capital. He basically told me to save up some m...