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I finished a BRRR in the Smokies- now I’m short term renting it out. Losing money but created a ton of equity.
House is amazing and I want to hold long term but hemerging a bunch of cash right now.
What do I do?
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I was talking about Real Estate Investing with some people at Home Show event, and as I was talking about getting rents up to market rates. A lady in the conversation asked me if I felt guilty about that (raising rent...
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Who's your favorite fake guru?
Oh my... this is not an easy question - so many to chose from. From the fake lifestyles, the rented yachts, private jets, Lamborghini's/ Ferrari's, and most of all the fake success. One...
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This statement is something I keep seeing again and again on the Bigger Pockets blogs;people saying they flipped 100 properties using someone else's money. They proclaim they had one of their investors pay for the pur...
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Well, after seeing all of Sammy B’s post, i thought I’d start my own to keep track of how I’m doing. My goal is to retire by 50. I’ll be turning 36 soon. If I can average at least $300 a month per door, then I figure ...
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I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
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After selling rental properties to investors for 20 years, the common denominator why people hate rentals is because they don't like managing the rentals. I always tell investors to spend their time educating, improvi...
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A CA couple is suing an appraiser for what they assert is a lowball appraisal: https://www.washingtonpost.com... For a second appraisal, they removed all hints that a black couple lived in the home and they asked a wh...
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Hey BP!
Need some advice!! I listed my SFH with a property management company back in May. The PM initially listed it for $1450 which was a bit high for the area, but I was not moving out until July, so he said there...
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What would you do with tenants like these?
My tenants in Athens, GA have paid late every month. They never pay the late fees, and we never chased them for it because it wasn't worth the $50 or so. The last mo...