James W.
Hi, new slumlord here. General advice request.
Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
James Park
What does the top ten % of the top 1% net worth look like?
% Networth Estimated 5% passive income (Annual basis)99.90 % $30,644,280.00 $1,532,21499.50 % $11,898,128.00 $594,90699.00 % $...
Joe Delia
Actual Value or Replacement Cost?
I'm sure there are many topics on this throughout bigger pockets history, however, what are you doing TODAY, and why? What do you see as the pro's and con's of each policy?
This is assuming buy and hold but feel fre...
Michael Herr
No thinset under cement board
Just went to inspect some work and noticed they weren't using thinset to lay down the cement board under porcelain tile.
When I asked the contractor, he asked his flooring guy who had been doing tile for 25 ...
Kimberly T.
Why do you live where you live?
I have heard quite a few reasons for living in various areas. Weather, family, politics, job transfer, college, etc. However, I don't recall ever hearing someone say they moved to a particular area because it was la...
Account Closed
Tenant is late and has cancer
One of my tenants has just been diagnosed with cancer. She's been dealing with various health issues that have made paying rent on time a problem. Has anyone dealt with a situation like this? I'm trying to be accommod...
Christos Philippou
My CAP Rate is WHAT?
Hey everybody, noobie here again. I have been reading like crazy and like everything, there seem to be 100 different discussions, opinions and thoughts about everything in this business.I have been reading about CAP r...
Iverem Rose
cold calling
Greetings BPWhen are the best days and times to cold call sellers?
Account Closed
Buy & Holds Out-of-State Portfolios - Who has been holding for 10+ years?
I'm working numbers for some out-state buy-and-holds. As usual, I'm underwhelmed by the numbers, especially in the Midwest and the South. Man, those are some low rents, even in good areas for good houses.I'd like to...
Ben Leybovich
CLOSED on a 98-unit TODAY!
So, we had another thread going for a couple of weeks here. And this is not yet a success story, since a lot of work needs to be done to make it a success. But, today, @Sam Grooms and I closed on this 98-unit in Phoen...