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...
Greg Dickerson
Outer Banks North Carolina
Who has a question about investing, owning and or building on the Outer Banks? I lived there from 1997-2011 and was one of the largest builders in the area. I have built and developed hundreds of homes and done over $...
Nick Heil
From 0 to 84: How I grew my portable self storage business
I'll never forget the first time I stumbled across the self storage business.
I was on a trip to Florida in early high school with my Dad. We would often drive to Florida together to visit my sister, who at the time ...
Rishi Ramlogan
REAL return on real estate is MUCH lower than many claim here
Real estate is a good enough investment as is - why tell people fairy tales?First off, I am talking about pure passive investing. If people want to get into the real estate BUSINESS, and do all the labor that is in...
Emily N.
Can't raise rents, roofs leaking, people not paying rent -YIKES!
Hey BP friends!I'm looking for some advice on a property in our portfolio. It's 150+ units in Oklahoma. Built in the 70s. Flat roofs. C+ property.We purchased this property thinking we could reinvest all of its cash f...
Thomas Enright
What's the LONGEST you've ever been under contract for???
After 8 months and 7 days of waiting for bank approval on a short sale... I'm still waiting. COVID has CERTAINLY not helped but unfortunately, I feel like this is going to make it to the one year mark.
This got me th...
Leonardo Cadenazzi
Find vacant homes now
Does any one know anything about Kent Clothier's new software designed to find vacant homes?
I have not found any information or reviews on the internet. I would like to know if it is worth the $995.
Thanks.
Leo
Moises R Cosme
When Will The RE Market Crash?
The history of markets tells us that we will always have a crash.
This graph shows total consumer debt in the US since 2003
Housing crashes come from over indebtedness, this graph shows that US consumers have mo...
Account Closed
PEP fund with Lane Kawaoka
Has anyone else invested with this guy? I got roped into this PEP fund he was advertising by a friend who had invested with him before. The fund was advertised as a boring "preferred equity" fund that pays 10% a yea...
Cody Thayer
Failing property on 15-year mortgage
Good morning everyone. So I’ll start by saying that I messed up!! I live in Nashville, TN but I bought my first rental property in Memphis, TN a year and some months ago.
My mortgage loan officer recommended a 15-ye...