Dear BP members, first of all, Happy new year! This newbie is troubled to understand something. Let's say you have an investment company. (like Joe Fairless' Ashcroft Capital or Michael Blank's Nighthawk Equity) Throu...
Hi BP community!After hitting a very solid stretch of on time payments across my portfolio over the last 3 years, I’ve run into an issue with one of my LTRs where I have a tenant who now pays late every month. I’m no...
Hi, I am interested in finding out how your first deal went? What did you learn? What was your biggest mistake or what really worked? How did you market, find your deal?Thanks and have a happy and prosperous New Year!
I just bought a Triplex and am now about to collect rent for October. Last month the renters in unit 1 were late. I bought the building from my father and he said that they are late every month and usually don't pay t...
Hey BP! I have been looking for a good system for getting rent money and sending bills to tenants. I came across the Tellus app and was wonder what the communities thoughts were about it. It seems like it would be pre...
Hi All!I am from NYC (downtown Manhattan)I am completely new to the investing arena.I am not planning on investing in my local area but am looking for an area to invest in.My challenges are the following:1- I am looki...
Hi BP!
I've done a few deals over the years, but they've all been either buy and hold or flips. I keep hearing more and more people talk about wholesaling claiming that you don't need to be a licensed realtor to do s...
Ok so here's the rundown.
I've been working with a homeowner that is in default and she has equity. She has not made a mortgage payment since June 2013. She has tried everything to save her home but has exhau...
So what do you do when the appraisal does not come close to value? Am I becoming yet another unrealistic owner :).I have a 39 unit property that I have remodeled and re-rented. It has pros and cons;Pros - Occupancy is...
I feel a little bummed I only received 7 phone calls. But I knew this was a possibility. It's not even 1%. Is this the usual response rate for postcards?