Bobby Sharma
WORST cities for permits, code enforcements, city inspectors
I have had one of the worst experiences with rehabbing a home in Glendale Heights, IL (Suburb of Chicago) with the city inspectors. Some of the most picky, arrogant, expensive, nastiest, non-cooperative inspectors tha...
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
Hi,
I have two houses that I purchased from Memphis Investment Properties (M.I.P.) who still manage them. Property one is a 3 bdrm 2 bath with a garage that rents for $1,350 and property two is a 3 bdrm 1 bath, driv...
Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Par Attaran
Seasoned investors do you buy Turn Key properties?
So upon reading the recent Bigger Pockets article about "The truth about turn keys no one tells you"it appears as if the majority of turn key buyers are experienced investors?I always assumed this was the opposite. If...
Brett O
What is YOUR process for rehabbing/remodeling a house
Hello BP, I haven't posted in quite some time! I thought it would be interesting if we all shared what our rehabbing/remodeling process looks like. I am currently on my fourth investment property, my strategy is bu...
Ben Leybovich
Apartment Syndication is NOT a Business Model
Syndication and apartments, in general, is an opportunistic play. Most things being sold don't make it past the most cursory underwriting.ow did syndication become a model? A model implies a system, and I think of a s...
Elizabeth Garcia
Has anyone used Hipster Investments?
Hi everyone,I’m curious to know if anyone has had first hand experience using Hipster Investments to buy TK properties? I see the founder, Ali Boone, writes a lot of articles for BP, but I haven’t been able to find a...
T. Alan Ceshker
Wraps and due on sale clause
I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due. Some because of mistakes with insurance. But, some due to lenders looking.One lender/servicer is HomeLoan...
Matt Harris
As an investor do you prefer turnkey or empty house at purchase
Hi all experienced investors would you prefer a turnkey investment with a tenant and management or an empty unit to place your own? Same purchase price,rehabbed with new c of o. Just want some opinions based on what p...
Marshall Henry
A Trashy Situation featuring my next door neighbor
We purchased a triplex about a month ago. We will be owner occupants and have been slowly moving in. I took the time to engage as many of my surrounding neighbors as I could and exchanged info and phone numbers with t...