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Hello BP! As some of you may know, I recently became a landlord over the weekend through my first house-hack. I'm attributing this issue to being new to the game, and not executing my application/screening process as ...
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First situation: Apartment was advertised at $1400 for a 2 bed/1 bath house. Prospective tenants had 2 pets and we agreed to increase rent to $1430 (15/pet). Lease was written up with the 2 pets allowed and the rent s...
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I recently got into a lengthy discussion on another thread about wholesalers and whether they bring any value to the real estate industry or not. I am interested to see what everyone's experience has been with wholesa...
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I have been on the forums for awhile now and after some thought I have been thinking about this strategy. I would love feedback.In my state (RI) homes are about 180k on avg. Of course prices vary based on area. But e...
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What would you choose - a 20% cash on cash return in a decent neighborhood or 35% cash on cash return in not the best neighborhood? Everything else being equal.
If you could also explain why you would choose one over...
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This may be a really naive question but I haven't heard anyone answer this in the podcasts or the books I've read...
Why can't wholesalers just say they have a buyer and will be reassigning?
Wouldn't th...
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I’m consistently asked if I am a “private” landlord, or whether or not I own the property. While I never volunteer the information, I don’t lie when asked. Why is it important to tenants to know if I own the place or ...
I grew up in New Jersey and bought my first property at 18. I didn’t really understand how real estate transactions worked, so I went to the court house and watched several transactions occur. As time passed, I found ...
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Good evening and happy new year,I need input on something that seems too good to be true. I just got off the phone today with an investor-friendly real estate agent in another state (not NYS) who has a whole team behi...
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I know there are many people who like to get their feet wet with turnkey, but does anyone actually own ALL turnkeys? Does anyone own 30 turnkey properties? Can anyone actually speak up that owns nothing but turnkey an...