Eddie Arrison
Complete Beginner | How To Set Myself Up For Success
Hello all. I am completely new to the idea of real estate investing and investing in general. I read the infamous book Rich Dad Poor Dad and ever since, I have had this burning passion for personal finance and setting...
Amir Navabpour
How do I calculate capex/vacancy on a turnkey on a 2 year lease
I bought a rental property through a turnkey provider that addresses all major capex issues: new roof, new water heater, new ac unit, etc. Also, we got the tenant on a 2 year lease. Given these two items it doesn't ...
Dave Mason
Seeking recommendations for a Coach (for pay) for my first deal
I started reading Bigger Pockets as part of research that I'm doing for an upcoming book, but have been so inspired by what I've read, that I want to get involved as an investor myself. I've got some capital to spend,...
Matt McCurdy
Managing Contractors' Budget & Schedule
In today's labor market, we are all hard pressed to find good, reliable, and affordable contractors to renovate investment property. I'm certainly not a newbie, but open to ideas on how to handle a delicate/finesse p...
Matt Speer
Would you fire your PM if their days on market avg was over 40?
Serious, yet simple questions: Question 1: If you found out your property management company had an average days on market of over 40 days would you immediately fire them and look elsewhere? Question 2: If you answere...
Michael Gardner
(First time Investors) What would you do
Hello BP community, we have just purchased our first rental and already have to make some quick decisions but unsure which direction to go on a couple things
1. The last owner utilized a property management company ...
Braden Downs
Why I wish we hadn't purchased our first home
I vividly remember looking out of my bedroom window at the gleaming Devon tower in downtown Oklahoma City. We had just finished moving in and my wife and I were still caught up in the glam of living downtown. Our 725 ...
Richelle Bryan
High Offer Accepted - Second Guessing
Hello BP,I hastily made an offer that I think is a little high by maybe $5K to be competitive in a competitive market. I did due diligence after and saw a good amount of recently sold similar properties lower (a few h...
Jessica F.
Sample Notification to Tenant of Late Payment Due on Rent? Certified Letter?
Rent is due on the 1st of the month. The lease allows for a grace period up to the 5th. The lease also states that after the 5th, there is a $25 late fee and after the 10th of the month, there is an additional $25 lat...
David Cook
Should I outsource property management in a multifamily building I occupy?
Hello BP,I'm looking at finally taking the plunge and buying my first property. It's a quad with tenants in place and it should provide cash flow even if I am occupying one unit free of charge. My question is this: ...