Aaron Lietz
Wholesaling is like the music business - CHANGE MY MIND
Let's say you're at a music store one day, looking at guitars, amps, drums, and the like. A salesman (who also happens to be a guitar teacher and successful musician) begins talking to you about starting a band. He me...
Danielle C.
Flip with Hard Money
Hi All! My husband and I have recently gotten our LLC approved by Pennsylvania and are on the look out for our first fix and flip. I have a question about hard money. We are looking at multiple hard money lenders to ...
Account Closed
Dump Your Real Estate Agent
It is my contention that in most circumstances you should not use a real estate agent to buy a single family home, and only in limited circumstances should you use one to sell. This strategy saved me approximately $15...
Wendell De Guzman
Real Life of a Real Estate Investor
Alright...I am going to post what happens every week in my real estate business. Why? So you will learn from my mistakes as well as get inspired by my successes. I also hope by doing this, BP Nation will help me ac...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Joey Copper
Why Self Managing Investment Properties is CRAZY
One funny thing about people is that while we are almost always well intentioned, we seem to do a lot of things that are just plain crazy. I, for example, still prefer to eat my oranges by dissecting each into their i...
Cornelius Charles
Diary of a New (wannabe) Investor in Southern California
I joined BP in March of last year after stumbling across the site while searching for real estate information. After a few months of research and study, my then-fiancé and I decided we would pursue rehabbing/wholesali...
Don M.
First time with new construction: Cape Coral, FL
Hey guys,This post is mainly just to share where I'm at with this process, provide opportunities for myself to network with others in the area, and so I can periodically update. I have connected with several members ...
Jack Ni
Can you take a pet deposit for service dog?
Hi, I got a potential tenant that has a service dog. I check tenant Facebook page, her dog is a pit bull. Is it legal in all 50 states to take a pet deposit for a service dog? I usually only take $50 for pet deposit (...
Sheree H.
would you start eviction over $50? $160?
What would you do with tenants like these?
My tenants in Athens, GA have paid late every month. They never pay the late fees, and we never chased them for it because it wasn't worth the $50 or so. The last mo...