Ben Leybovich
Depreciation is Real - Don't get Caught Like I Did!
Took a call yesterday from a local investor. She is looking to "unload" some units. The problem - she wants above market prices...:)And here's how this happens:She owns a PIG. Translation - a building similar to the o...
Christopher Blanco
Feeling Frustrated with Flipping (alliteration!)
This is going to be long. I hope I can get some advice and pointers on where to go from here. TLDR: I have a few deals under my belt, some good processes in place, but I am not making money and I don't know how to go ...
Curtis H.
Does paying mortgage give you equitable interest?
Not sure what forum this goes in but I have an interesting question. This doesn't involve me, but a childhood friend. I'm not sure what to tell him. Here is the scenario as simply as I can put it.* Used family member'...
Michael Bailey
Newbie from Las Vegas - Hey BP Family!!
Hey BP Community,Thank you for taking the time to check out my post. My wife & I are new to Las Vegas, we are both former accountants from NY.We’ve always wished about investing in REAL ESTATE & read books abo...
Mike Williams
Don't rent to strippers, hair stylists, or people on disability
Just a tip for you all starting out… Don't rent to strippers, hair stylists, bartenders etc… If they are in the cash business, they are uncollectable. You need to find someone with a good job that is not worth leavi...
Cesar Perini
WWhat’s the advantage of buying with all cash?
For my first investment out of state...Originally I wanted to finance multiple homes but I feel I can get a better deal by offering an all cash offer. I can always refi up to 75% after I get the home and reuse the 75%...
James Warren
Free bids from contractors?
Hello all. I'm looking to get started wholesaling soon, and have been studying Brandon Turner's "The Book On Investing In Real Estate with No and Low Money Down". In the chapter on wholesaling, he states that many w...
Amie D.
Should I sell this rental?
I have a rental in a good area, after repairs I probably had about 60K in it and it originally rented for $950 a month.
The area has appreciated for housing values due to some new developments coming in and the area...
Nathan Gesner
Biggest reason for losing money?
I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...
Nayeem Khan
RE: Worker shot and killed during rehab project...
Hello BP, I’m in need of some advice.A few days ago a contractor working on one of my out of state properties was shot. I found out that this was the result of robbery gone wrong. The contractor and two of his workers...