Cornelius Charles
Diary of a New (wannabe) Investor in Southern California
I joined BP in March of last year after stumbling across the site while searching for real estate information. After a few months of research and study, my then-fiancé and I decided we would pursue rehabbing/wholesali...
Ruben Parra
The great California vs Out-of-State debate
Hi BP members!This is just my second post and it feels great to have received such good feedback and support.Since I don't usually carry around $100K in cash, my southern California backyard market can seem a little i...
John Chapman
?Building a Junker Portfolio
In the last few months, I have met a few retiring landlords who were looking to unload their properties. When I looked at the properties, I was really surprised at just how junky they were. They were a bunch of ...
Kenneth E.
Help me automate my wholesaling processes....
Hey all.
I am thinking about diving back into wholesaling this year on a more aggressive scale. My intent is to send more letters/postcards as well as follow-up with all potential deals (something I was lazy about d...
J. Martin
East Bay Meetup - Dec 10 in Oakland?
It’s time to schedule (another) meet up in the East Bay! I recently had the pleasure of meeting quite a few fellow BP investors in San Francisco, and had a great time enjoying some drinks and learning from everyo...
Stephanie Sicard
Multi family as a first time investment ?
I’m getting ready to buy my first rental property within the next 2-3 months . I have 13k saved up and I intend to use an FHA loan.The multi family properties in my area are about 300,000+ for a 2/1 duplex . I found ...
David C.
When deals are really just "overpriced offerings"
To the group: As more and more "deals" cross my desk and I perform underwriting, I find that the vast majority of these deals are simply overpriced offerings - even in lousy locations, Cap Rates are around 3-4%. Mos...
Rick Bassett
Tenant screening uncovered DUI's, jail time etc
Hi All,
Looking for a sanity check here with a potential tenant.
He called on a property, loved it with 2 minutes of walking through it (almost no one loves this property as it has a strange floor plan) and emailed...
Jason Reed
The Coming Death of Airbnb
I have had a number of investors that have been excited to take advantage of airbnb with their rental properties and their own homes. Numerous clients of mine and aquaintances have already cashed in on airbnb. Propert...
Corey Pascuzzi
Clogged drain from hair, tenant's responsibility right?
Sanity check here, I am not responsibly for a clogged drain due to hair from the tenants, right? Tenant just told me that the drain is clogged from hair and wants me to come fix it. Should I hire someone to fix and b...