James Poe
Howdy from Forbes #1 place to live
Hello, my name is James. Native of Mckinney, Texas just north of Dallas. I am new to this group after finding it on The Fast Lane Forum. If you have not been there it is very fun and there is a good translation betwee...
Jordan Sitzler
The flip or rent question in my shoes
Hey, BP! My wife and I have closed on our first ever property, investment or otherwise. We bought it through a hard money lender at 1%/month and 10% down. What I am now trying to do is refinance it so I can have my...
Jonathan G.
Loser property
I have a property that I feel is a long term loser and need some advice. My long-term renter is moving and I need to get someone else in next month. This particular property was my very first home and I've learned a ...
Bridget Smith-Osbourne
Fire damage to property
Hey BP Members,My situation on hand is my SFR suffered fire damage due to an unattended stove. As per tenant the wrong burner was turned on and a pan of grease left on stove caught on fire. The result is I probably ha...
Eric S.
Central Connecticut Strategy?
Hello and thanks in advance for anyone willing to respond to this. After swallowing some lumps thanks to one thread I posted back in April, I should (crossed fingers, no blown furnaces or sheard off roofs) be in a goo...
James Wilcox
How to Tell a Seller His Asking Price is 2 High!!!!
Ok here is the deal. I am working an off market "deal". There are two triplexes for sale that each bring in $19,800/year per building.$19,800 x 2 buildings = 39,600 Total Gross RentThe seller in coming up with their a...
Nathan Gesner
What do you think about Tenant Unions?
Here's an article: https://www.wsj.com/articles/t...With rent rates increasing dramatically, a housing shortage around the country, and new generations that feel entitled, I suspect we'll see more of these. I find it ...
Dustin Mercer
Mold found in rental after moving in
Hi All - I’m a new member but my wife and I have been following this board for some time and really appreciate all the great conversations! I finally have a question worth signing up and posting :)We recently sold ou...
Bruce Gardner
Percentage Split for Partnership Deals
I'm trying to figure out a fair way to split deals with my son. I'm a brand new RE investor (haven't even done my first deal yet!), and planning on partnering with my son. He's the brains, lead generator, agent, and...
Travis Rogers
What Costs to Expect for Someone to Fully Manage My Airbnb
I live in Oregon and have a long term rental in Central Texas that I'm considering flipping over to Airbnb to generate some more income, and so that when I'm in Texas I can stay there, saving me money. It's a nice hom...