Matt Conrad
Failure to get deposits
We are about to put an offer on a 2 family. What we have found out is the owners did not get a deposit on leases that are at about the halfway point. Instead they got last months rent upfront. Is there really a differ...
Nicholas Foy
Recent real estate failure
I closed on a property in Warren, MI on Oct 20 and I quickly found out through my property manager that the house is in a horrible area and won't fetch enough rent to cash flow. I was too giddy to get another property...
Lily R.
deck failure and liability
I've been looking at a deck replacement and came across this article.I'm really surprised the PM didn't have any liability. I wonder if the landlord was local or oos to the proprty. Something to keep in mind when havi...
Jordan Wilson
Advice needed - foundation failure?
I'm trying to help a friend with her house & am looking for advice to give her. She has 3 bids ($25k, $54k & $58k) from foundation contractors & was told she has complete failure. The house is about 2300sf...
Sterling White
Biggest Failures/Learning Experiences
This post is mostly to help the newbies coming into the market. For the experienced investors what has been your biggest failure(learning experience) you ran into while in your journey in Real Estate?My biggest failur...
Kirk R.
VA inspection Failure Questions
Using VA loan - "as is" stated in listing.Probably will fail:--2 broken windows--peeling paint(windows and garage).Should I clean these up before? Or see if the seller will address these? As is sale on listing.Also,...
Joel W.
Brag about your failures
I have found since being on BP that many people talk up their successes, which is great, but it creates a synergy and we often forget to discuss about the reality of life, success is usually preceeded by failures.As ...
Dylan Bowman
Direct Mail Marketing failure
So I’ve been DMM now for about 3 months. No real leads yet, which I expected. The calls that I have received are people telling me to take them off of my solicitation and are not happy about me mailing them. The...
Keith Burton
Postcards or mailing failure?
Hi all,I recently started a mailing campaign and it bombed pretty hard. I know that the first campaign is not going to be the most fruitful.I went with a mailing list to out-of-state buyers who have little to no debt....
Larry H.
From Potential Failure to Success
Here is a story I wanted to share to show the importance of due diligence. In June 2018 we bought a property from a friend of ours for $25,000. The property is an old mobile home that has an addition that makes it not...