Scott Pigman
Obligatory 2% Rule Post: Origins, 50% rule, and interest rates
I believe that it's in the BP charter that every member is required to start a thread about either the 2% rule or the 50% rule at some time. So here's mine.Does anyone know when and where the 2% rule was first stated?...
Ryan Thomson
The Art of Tenant Management
When it comes to managing tenants, the dynamics can sometimes be complex, especially when you're living with friends. In Colorado Springs, I have house hacked several homes with over 20 different tenants/friends. Navi...
Lesley Resnick
Step by Step BRRR 3.0
Greetings fellow BP'ers
Back by popular demand!
I am going to document my next project BRRR 3.0
The house is on the West Side of Jacksonville in 32210. It was in a tree accident. By that I mean a tree fell on t...
Chris B.
Seeking comments on possible improvements for this property.
I'd appreciate the BP group's feedback on what I can do to increase monthly rent value or at least increase applicant interest in this SFH LTR property. Current tenant's lease ends at the end of June and I'll need to...
Peter Fokas
repair oven - who is responsible?
Recently purchased an investment property in Newark NJ that had already had tenants living there that are MTM with no documented leases. We have not sorted them out yet in terms of getting them on signed leases yet b...
Pat Jackson
Inspector said one thing, general contractor said another
If you find my other posts, you'll see my interest in a 5 unit apartment complex in a C area. I now have it under contract. I had the building inspected this week. The building was built in 1910. The inspector fou...
Colin McCarthy
First Timer Question
Hi all, I'm looking for a little advice. I've been browsing for an investor deal for the past few days having read several success stories here on BP. I came across a wholesaler/rehabber in Texas who has made the fo...
Leeann McGee
Buying multifamily new or used?
Hi. I'm new to the investing world and any advice from investors is appreciated.
I have an opportunity to 1031 exchange into a new multifamily unit, construction to begin summer 2020. There will be no cash flow for...
Mitch B.
Duplex, cash or finance, or stock market?
I've got a generous older family member that wants to step away from a 100% owned 30 yr old duplex & deed it over to myself & my 2 siblings. I'm trying to determine whether to sell it & invest my third ...
Jason Brown
Miami Condo (Allapattah Buy and Hold)
Investment Info:
Condo buy & hold investment.
Purchase price: $300,000
Cash invested: $90,000
Nice 2/2 condo in very high demand area in downtown Miami. Idea was to secure favorable mortgage be...