K W
Questions for current landlords
Some questions for those of you already involved in this business:
1. How many hours per month do you estimate you spend managing your own property? (example: one 4plex)
2. What percentage of your tenants stay at le...
Lee Brewer
Haven't received rent check but tenant says it was sent/cashed
I am a newbie landlord with only 2 units to date. My new tenant in my second unit is now delinquent for the month of July. I contacted him and he says he mailed his rent check and it has already been deducted from h...
Margie Kohlhaas
Stessa for Managing Real Estate Data?
Has anyone tried using Stessa? It seems like they offer quite a bit for free but since they were just acquired I'm wondering if costs will increase. I plugged in my basic info and it generated a nice dashboard. I woul...
Joel Owens
WATCH OUT ! Not being licensed-consulting-or collecting fees can get you in trouble!
I see a lot of posts on BP about consulting, referring leads off to try to collect fees from agents when the parties are unlicensed.
Every place I know it is against the law. I can't speak on other states but...
Blake Dailey
Tips on Self-Managing Airbnb Efficiently
Hi Everyone,
I currently manage my own Airbnb units but am about to double my number of units from 3 to 6 within the next month. I work full time in the military and am trying to spend less time hands on with runni...
Cliff Garcia
Spark Rental Investing
Has anyone tried their syndication investment club? I`m hoping to find someone thats had some success utilizing this platform
Robert Steele
Is the market drowning in newbies?
I have been getting the impression over the past two years that more and more people are entering the world of REI.
When I started a decade ago I was somewhat of a pariah amongst friends, family and work colleges. No...
James Riggs
Is the BRRRR strategy possible with turnkey companies
I've owned my PR 3yrs and should soon be able to get a HELOC of 100k. I live in San Diego but looking to invest out of state. I'm looking for turnkey companies that would facilitate me using the BRRRR strategy so that...
Justin Howe
First Deal Closed - $17k Profit in Less Than Four Weeks
Hi BP,On January 5, 2015 my partner and I put our first property under contract. On January 30, 2015 we closed the transaction and made $17k total profit. This thread will detail how we found the deal, obstacles we ov...
Jeff C.
Cringeworthy self promotion on BP
Has anyone else had their fill of posts concocted ostensibly to be informative but that are obviously thinly veiled attempts to funnel the uninitiated to the posters classes, syndication capital raise attempts, sub-to...