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Results (4687)
Chris Gawlik Whats it like to invest in C or D class properties?
8 September 2024 | 101 replies

I think with the economy the way its headed there is going to be a need for more affordable housing.  
Wanted to hear from those of you who are successful in the C and D class property niche. How many properties do y...

Brie Schmidt HELOC payoff strategy
25 January 2019 | 329 replies

Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster.  You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...

James Wise Short Term Rentals (like Airbnb) have been BANNED!
8 June 2018 | 144 replies

Recently two of the higher end suburbs (Broadview Heights & Seven Hills) in the Cleveland market banned short term rentals. Source ArticleI never got involved in the Airbnb craze myself. Not my business model. I'v...

Melonie Dickson Agent wants to waive inspection contingency. Yay or Nay?
2 October 2018 | 94 replies

Hi bp. Putting an offer in on a property that may be getting multiple offers. My agent wants to waive inspection contingency. This is my first time buying a property and going through these Steps. Is this common? Is t...

J. Martin Using range of expenses in your profit / ROE estimates?
6 January 2015 | 57 replies

I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...

Peter Tverdov Why commercial over residential?
11 January 2017 | 66 replies

I have an opportunity approaching in 2017 to buy a small MXU building ($500-$600k). I am running the numbers and between the high insurance rate and the much higher interest rates with shorter amortization schedules, ...

Joshua Dorkin What decisions do investors need to make to do their first deal?
20 October 2016 | 76 replies

Hey Guys -I was hoping for your feedback on a process question we've been pondering.What decisions do you believe an individual needs to make in order to close their first deal?I'd love to hear your thoughts on those ...

Heather De lap Water bill is very high and no visible leaks
9 February 2023 | 130 replies

So very long story shortened my water bill is extremely high this month. We average $35.00 a month and this month it was $151.20. The jerk landlord told us in a very nasty little note to check out water leaks which we...

Ray Reed inherited 85 year old tenant but rent is way below market
11 May 2020 | 94 replies

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...

Austin Bright Best lead sources for motivated sellers
25 June 2023 | 33 replies

All,
I've spent the past year marketing to sellers whose information I got from propstream & property radar. I have gotten roughly 30 deals of vacant residential lots & SFHs (owner occupied/non-owner occupied...