Like the title says, I have four single families and one "duplex". I'm making about 200K in appreciation and 60K in cash flow and principle pay down. At this point I can move back into one of my other rentals and reti...
Hi! My name is Justin, I live in Michigan and I am working on becoming successful in real estate while maintaining a more than full time job (80+ hours a week). I purchased 25 acres on a 10 year land contract in an a...
Hi all! We are needing to relocate quickly for a job transfer out of state. Our home is 2 years old, has some upgrades, is on a lake, in a wonderful school district and is about 2 miles from the beach. We had a lot of...
Hello BP,I currently own a 2/2 condo in a good 4 season vacation town in NH. This is my primary residence. Since discovering BP I have been thinking (some might say obsessing) about RE as a way to build long term in...
I own about a dozens doors and am beginning to wonder if rentals is the best way to go. Fortunately, to-date the tenants have been very good, (at least the ones GC Realty & Development) has found for me. But bet...
Hi all,
I am embaking on a new path after many years building residential and would like to get some feedback on rv park investing.I am talking about destination type parks, typically not mixed with mobile homes. Many...
Hello BP Nation - I am happy to report that I will closing on a 56 unit complex this week. I will post more details regarding numbers but the short of it is as follows:
56 unit, class B building in class B ar...
Ok, so any suggestions on how best to solve these issues:This property is a triplex (maybe quad with an efficiency), converted from a SFR, so it's got one hot water heater for the whole building, and one temperature c...
Question? if a tenant gets water in the basement, who is responsible to clean it up? One of my employees had water in his basement and I went there to help in wet vac it all up to help him out. He got about 3 inches o...
For those who have made individual LLCs for each of their rental properties, have you adopted or recommend a particular naming convention? Address/Street Number, LLC, etc.? I am curious. Thanks!Dave