So long question short, my rental property averages about $150 a month cash flow after regular maintenance expenses and minor repairs. But for a capex expense, my next one being a bath tub replacement or replacing the...
Body of Arkansas Real Estate Agent found, this is so sad! Praying for the family. This hits me hard as I have to show property by myself and the thought has crossed my mind as to what could happen. Things I do:Never s...
I have a turn-key rental with Mack Companies in suburban Chicago that has been vacant for FOUR MONTHS!A small sample of my issues with the management:Finding out a tenant has moved out weeks after the fact. When the m...
Have 2 friends - one starting with $100K in retirement funds and the other with $25K in savings - both looking to get to $10K/month in income as fast as they can. Both have jobs, consistent income and good credit scor...
I don’t want to criticize anyone. I’m sure there are some good wholesalers out there. I just haven’t met one yet. I have, however, had a lot of my time wasted by many self proclaimed wholesalers.
I find that whole...
I currently drive a beat-up old minivan with 240K miles on it. Yeah, I sacrificed myself to jump-start my rental business. I plan on buying the Tesla Cybertruck as my main vehicle. Recently, a thought came to me. ...
Is anyone on BP involved with buy and hold in the NYC area ? I have a few questions
We spend a lot of time at the end of each year celebrating our successes in REI and planning for an even better year next year, but sometimes we forget to take stock of our worst move of last year. Understanding what ...
This is going to piss off a lot of agents.I was reading here on BP about a buyers agent refusing to submit an offer unless it is at or above the asking price and I kind of got pissed off.In today's markets the buyer u...
Hi guys and girls,
So I have a pretty great deal. It's in a very desirable town and neighborhood. It's a 3 Br 2 ba and the lowest comp in the area is $335K and everything is averaging about 350ish. It needs new plu...