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...
Ryan Battista
My first 12 months wholesaling houses in Charlotte! The truth!
Hi BP, I have not posted in a while and I wanted to tell everyone about my first 12 month wholesaling in Charlotte NC. I will tell you it was not easy. There were highs and lows. I did receive a 30k assignment fee an...
David White
Possible to Get Started with No money, and having bad credit?
Title kind of says it all. My father wasnt a great guy destroyed my credit and it could be years before i finish fighting all the damage he did and getting it removed from my credit history, and then actually establi...
Robert-Lee Pass
Offer sent last night .. But i noticed this stuff... Do I Kill the Deal?
well i saw the property yesterday. has a few weird things about it .
Pex Piping , Slab foundation, no slider or door for rear access from inside the house
(have to add a side gate entrance to the rear) No garage, ...
Rakesh Balavanthapu
Is the 1% rule dead in 2023 ?
I am a new to REI and trying to find my first deal. Have been listening to BP podcast episodes from 2020 and earlier and the numbers were no where near what they are today.
I have analyzed about 30 deals in Atlanta,...
Kazi R.
What do you drive to your rental properties?
I drive a very old sedan. Most of my tenants drive nicer cars than I do. Now that I am considering purchasing a new(er) car that probably will be nicer than theirs, I am wondering whether to keep the old one to commu...
Erica Nagle
Success Path and other frauds...we can stop them
We are looking for others to join a lawsuit against Success Path, Flipping Formula and other companies involved in taking millions from people promising things they never deliver. The more people we can get to file th...
Joshua Paul
Any one used Martel turnkey before?
I'm looking to start buying turnkey rentals in the next few months and I came across Martel turnkey. They seem legit, but I am hoping to get feedback from others who have purchased properties from them in the past. Wh...
Aaron T.
What percent are you using for maintenance, vacancy, PM, etc???
I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
Heather Pelletier
Embarassed to admit this but here it goes.
OK, here is is...It's time for me to get real and do something drastic. We are broke, I just went to the grocery store and needed to use my credit card. I have been married 11 years, we have 2 kids. I work part time...