Ok so I was having this debate with a local landlord and I’d like to hear your opinion…. You charge $25 for your application fee. You show the house to a nice couple and they want to apply but they don’t speak, read o...
@Brandon Turner and others often talk about making sure you have cash flow AND equity going into every buy-and-hold deal. But are there any circumstances where you'd pay full retail if the cash flow is good enough?The...
Hello, I've been on the lookout for my first rental property in the los Angeles market. I may have found one in Tarzana which I put an offer down on but after reading a book called How An Economy Grows And Why It Cras...
I frequently hear/read that large multifamily properties (i.e., apartment complexes) produce better returns than SFH or small multifamily (2-4 units) properties. I just can’t see it in the numbers, as I can figure the...
Okay, I'm tired of hearing how easy it is to BRRRR. And the numbers people (eh hem, Brandon) are not realistic IMHO. One example Brandon gives is $200k purchase, $40K fix, $10k soft costs, $350K ARV. First off, fi...
Years ago I learned that when everyone is headed in a direction that you need to pay close attention to what is going on to avoid pitfalls. When my chiropractor started telling me that he was going to buy two rentals ...
Hello BP nation! My question for BP nation is what is your day job? Although we would love to be, most of us are not yet full time investors. As I grow older and try to figure out the direction of my career, I love ...
I may be the only one with these property management issues but it seems to be a recurring theme.
I've owned 4 rental units in a particular farm area. Almost without fail every single property management company I've...
Do any seasoned landlords out there have any advice on how they’d handle this situation? Truth is, I hear from these tenants about once a month or so, maybe less, for stuff like this. With 1 or 2 properties, stuff l...
Would you overpay for a deal? Most offers I put in for a deal(on market and off market) does not get accepted and that is ok with me. The first thing an Agent or wholesaler tells me is "You don't know the market" "i...