Anthony Simmons
House Flipping Business Models
Hi All,
I am curious as to what type of business models experienced house flipping teams have used to set the foundation for their house flipping business with other co-owners.
Myself and two of my friends are inter...
Matthew Simmons
Finding the "Right Deal"
Hi, my name is Matthew, I am from Pittsburgh and I am new to both REI and BP. I am primarily interested in long term buy and hold rentals. I have spent the last 6 mos reading/watching everything I can, to try and lear...
Sam Sendgraff
Achieving The 2% Rule in Tulsa Oklahoma
Hi guys,I'm struggling with the 2% rule.. I know it is just a rule of thumb, but I want to achieve it if possible. Tulsa is a pretty competitive Buy and Hold market. I just don't know anyone achieving those kind of nu...
Tj Simmons
What is the craziest thing your tenant has ever stolen?
My Mom has always has rental properties in the city of Grand Rapids growing up, I thought she had the craziest story when she told me that one of her properties one time my step-dad pulled up to it to check on it, and...
Robert Zazac
Beneficial Day Jobs for R.E. Investor?
Hello BP Community, I'm a newer Pittsburgh investor who currently owns a duplex and is looking to grow my buy-and-hold portfolio. I am very well studied, but now need to focus on improving my hands-on experience, ski...
Nathan Hui
What is your cutoff for cash flow/door?
Hello BP Folks, What is your cutoff for cash flow per door? This is more of a poll. No need for explanation or rationalization but feel free to elaborate if you like.
Eran Lifshitz
Note Insurance - Per UPB Or Per Purchase Price?
This is a questions I often ask myself - When you acquire a NPN note and you would like to insure the property by yourself, do you insure it per the UPB value or per your purchase price?For example - You acquire a NP...
Ali ALJOHANI
Advise Needed About Tenant
The management office sent this message to me:"The tenant is very nice person and she is trying to get caught up on the rent. Right now she owe $3,930 in past due rent. She calls every week and says she is sending a...
Solomon Stavis
Wait to buy or hold for a year in the Great Tampa Area
Hello, I'm looking to buy my first SFH in the Great Tampa Area. My price point is around 150K. Do you think it's better to buy now or wait a year to see if prices start to cool off?
Tim S.
2nd position exit strategy
Hi Note People,I'm trying to learn more about NPN 2nds, and wondering about this scenario: (assume 1st is performing)If I have a 2nd position Non-performing note, without enough equity to even cover the first, or just...