John Thomas
Beginner looking for coaching/guidance/mentorship
Hi BP Community. I'm 25yo and motivated to grow my rental portfolio so I can replace my W2 income. I make $120k - $150k per year and am based on the west coast. I am looking to invest out-of-state as a long-term, buy ...
Michael McLoughlin
PPR Note Fund
Had a good talk with Peter Neill at PPR yesterday and just wanted to reach out to investors on the BP community that have invested in the PPR note fund to hear about their experience. PPR's track record seems pretty s...
Damian Robinson
Another Morris Invest
I will keep my story short and voided Of all the details because I think we get the jist. Purchased new construction from Morris September 2017 was told construction six to eight weeks. First month told permits are ta...
Brian Garrett
What size multifamily can you buy for $1MM in your market?
What size multifamily building does a $1MM purchase price get in your market for a true C/B Class area? Here in Palm Beach County, Florida the most you can get is a 5-8 unit building for that price point. Somewhere in...
Andy O'Neal
Approaching a Property Manager About Leasing for Airbnb
I'm looking to buy a property in Baltimore use as a short-term rental full time via Airbnb. While working through the slower parts of the purchase process (financing through a small credit union), the thought occurs t...
Joey Arata
Got my duplex yes!... Now what??
I got the duplex I even have a quick response from my craigslist post. Then reality strikes. I'm clueless.How much of a deposit?Do I charge a application fee so i can cover cost of screening? How much?Is there some le...
Jeremy Rhodes
Underwhelmed with tax breaks of owning investment property
I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
Thomas DeMoss
Rental Payment Procedure - tennant make bank deposit
I need feedback on this method of payment for tenants. I have given them my business bank account number and instructed them to take all payments to the bank and deposit them either by check or cash. Then send me a...
Gary Kurtz
Trying To Find My Niche
I have a pretty good job that I've been working at for many years. We have good credit and some money saved. I've listened to many of the podcasts on BP, ready many posts here and have learned a lot.
What I...
Percy N.
HUD & Sage Acquisitions Processing Times
Has anyone been experiencing unresponsiveness from Sage Acquisitions while trying to close on a HUD property? Sage is the new management company HUD is using in the Philadelphia area.Our offer was accepted almost 60 d...