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Hi , I am new to real estate investing. I am drawn to turnkey for many of the reasons mentioned on this forum (spouse and I have full time jobs, kids, not interested in DIY). I have spent weeks reading many BP blog...
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Let’s see WHO can help me and answer this UNIQUE question!!!! - I have my third rental.. I want it to be SECTION 8. How can I go about this? Is it discriminatory... to ONLY allow section 8 to apply?
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So we bought a small lot today that we plan to develop. The purchase was for $60k in cash using a buyer and seller broker. When the HUD came out the seller flipped out and didn't want to pay all of the commissions t...
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Hi everyone,Many people on BP are seeking a mentor to help them with investing in real estate. My question is what qualities and or skill set do you look for in a mentor. What are you looking to get from the relatio...
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Had a tenant pay in full for the month (with late fee)Got a text and girl said her husband was only supposed to give me $50 less because they needed it for groceries this week.What they paid me is what they owed for t...
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I'm the primary insured, but my PM wants to be included on Liability policy. Has anyone heard of this?My insurer refused to accommodate the request saying they've had problems with PMs named in their policies, althou...
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Hi all,
New landlord here again...
So what do you normally do between tenants besides change the locks? I'm talking in an ideal world, where the tenant has left the unit reasonably clean and there are no outstandin...
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I'm new here and really like this site. All this talk about property managers makes me wonder. How many of you used property managers? I've heard their rates are usually 5-10%. I handle one SFR right now, but am l...
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What would you tell a beginner who has stumbled upon a commercial deal which is the sell of 23 homes with a value of $6M Contract is already in place with 80% ( $4,560,000.00 ) financing and 30k Earnest Money but the ...
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Nothing cash flows at interest rate of 8% and property taxes at 3% (in Texas).
Although I did 12 BRRR deals, in my opinion it is dead in 2024!!!
Prove it otherwise, preferably with HUD statements.