Hey guys, I have a sad situation that I am going to be involved in soon. I am closing on an 11 unit building and two or three of the tenants have been living at their apartments for 15+ years and only paying $300/mont...

When you decided to get into REI what was your why (your drive) to get into the business and succeed? Personally, my why is to past my knowledge on to others, specifically, those less fortunate and unsure of where the...

This is basically an information gathering post, some things I've been turning over in my head. I've got a few clients considering new construction and I've connected with an architect/builder firm so I have a good f...

Hey everyone,My wife and I are working out the budget on our first rehab and are taken aback by the paint quotes. Everywhere we read says we should be paying a max of $2 per square foot for interior and around $1.5 fo...

Sorry if this offends anyone. Also thanks for everyone who has responded to my other questions. This message board is awesome! True learning takes place here at BP forums with real people in real situations.

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If you missed my other post. I am new and will probably have a few questions while I am studying and analyzing deals the next few days. One question I have right now is whats the down side to buying mobile homes for b...

I just replied to a thread and it made me wonder. I'm not on BP very often any more, but I still have a vast experienced history. One thing I haven't seen much is a how to or step by step approach to actually building...

Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow.  This post is for you:I always dread the first few hot days of summer....

Hey there community!

I'm closing on a property tomorrow and I'll be inheriting a Section 8 tenant. I always like to think about possible "What If" scenarios and it's got me thinking. I ponder, how would it af...

One trick we use sometime is take a water hose from the back of a washer machine... I carry one in my trunk (With a plunger). Go to the neighbor and offer them $10 cash to run a hose from their outside faucet to your ...