So I received notice that I am being sued by our last tenant in Racine Wisconsin.
The back story is that I had a property management company taking care of the single family property but I was notified about issue...
Hello,My partners and I are having a disagreement about if we should hire a property management firm for our portfolio. We have a goal in mind of a hundred units or so. My thought process that while hiring a manager...
"In the RED CORNER, Apple stock. In the BLUE CORNER, the BRRRR Strategy. Two investment ideas go into the ring, one comes out. LET’S GET READY TO BRRRRUMBLE!"
So I’m a new investor. I have a couple of Airbnb’s in Sou...
Hi all, I was reading a book by Rich Dad Advisor Garrett Sutton and he mentioned opening a Wyoming LLC to hold LLCs operating in other states with weaker LLC protection. I wonder if anyone have done this?
My main qu...
I have been thinking through housing, affordability, and the effect on what until the last few years have been dead markets. Any home with a decent commute to a decent market is not affordable.
Over the last few yea...
Hello BP!I just wanted to share my plan for creating an unfair advantage for myself. Another title for this post could be "From adversity to advantage"1. Become a licensed contractor. In Michigan all I have to do is t...
I happened to run across a message from someone looking to sell a near 50 unit apartment complex in my town off mls. We spoke briefly on the phone and he said that he would prefer to meet in person, so we scheduled to...
On December 2, I closed on a 7 unit apartment building. When I made the offer, I saw a lot of things, but the two most common were disaster and potential. Due to the size of the place, the insane income numbers, and t...
One trick we use sometime is take a water hose from the back of a washer machine... I carry one in my trunk (With a plunger). Go to the neighbor and offer them $10 cash to run a hose from their outside faucet to your ...
I want to personally thank the BP Community for being so helpful and very humble with all of the questions us newbies always have.
With the help of this great network my wife and I were able to start our OOS invest...