Nandy B.
Humble beginning stories....
The hustle is real!!I m in real estate for the long haul.Please share your humble beginning stories for some encouragement.I work a stressful full-time job as a laboratory scientist, and I m in grad school getting my ...
Eli M.
Rehab loan vs out pocket cash. Deal Analysis
Dear BP community,I need your help/input in my deal analysis. I have two options in front of me either to obtain a rehab loan, which will cost me $10k for six months ( points, fees, interest) or just finance the entir...
Michael LaBrot
Refi out of owner financing?
I have the opportunity to purchase 3 rental properties for a total of $100,000. Current owner is retiring from the business and is willing to owner finance for 6 months with the understanding that I refi in 6 months....
Candace Williams
It's a Beautiful Day to Start Investing
Hi Everyone, I am new to real estate investing. I'm starting from ground zero, but am excited to start diving in because I want out of the rat race (Yes, I too am a Robert & Kim Kiyosaki fan...who isn't?). When I ...
Benjamin K.
Advertising for Spec House
Curious if anyone has not gone through a realtor, but, instead sold their (higher-end) spec house direct. What types of advertising were most effective?I'm 99% sure I'm going to go through an agent to sell, just curio...
Curran Quinlivan
Does breaking even on rent make sense
Good morning! I currently own a rental property in Minneapolis. Single family, 3br 2 bth. Our current tenant is leaving at the end of the their lease. I am told by our current management company we could increase ren...
Matti Koester
Advice About Commission Garnishment
I've created an account on this forum solely to seek advice from other property managers about a situation in my workplace regarding my commissions being garnished.The backstory is that last month our occupancy was...
Matti Koester
Advice About Commission Garnishment
I've created an account on this forum solely to seek advice from other property managers about a situation in my workplace regarding my commissions being garnished.The backstory is that last month our occupancy was sh...
Will G.
How to stress test your rentals?
I would like to know... when you analyze a potential rental property deal, do you "stress test"? for example:Crank your vacancy up to 12%? Figure you expenses at refi could go up x amount due to higher interest?Or doe...
DuBois Othero Toy
Chicago Covid mandate
Goodmorning everyone. As you all know the mayor of Chicago continues to extend the covid mandate another 30 days every month. When do you think this might end? I hear that a lot of landlords are going to be looking to...