J Scott
Diary of a Rental Property
I had a blast writing my Diary of a New Construction Project thread, and the feedback I got from that was great. So, I've decided to try another one...this time tracking and discussing the ongoing saga of a renta...
Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
Ryan Keenan
Need some eviction help for the tenant from hell
Hi BP, need some help here about a tenant im evicting .. short story she lies about paying rent and constantly late. There is always a major catastrophe in her life. Anyway got a lawyer involved and the decision was s...
Terry Portier
Why are contractors part of the problem not solution?
I read too often contractors are more of the problem rather solution to investment strategies. What if you could find a local contractor service that manged contractors based on customer satisfaction ratings you provi...
Laith Ali
can you come up with $400 in an emergency
Hi,I was reading an article a few days ago that said 40% of Americans can't come up with $400 if they had an emergency. I couldn't believe almost half the country is that broke. The median household income is 60k, so ...
Christopher B.
Am I missing something or is my contractor being greedy?
I pay $25/door to install std. Pre-hung doors, $50/door if they are bi-hinge doors. On Friday a new carpentry crew I'm trying hung 11 doors (8 singles and 3 bi-hinge) in 3.5hrs. So he made $100/hr minus $41/hr for his...
John Upperman
A Real Estate Investor is born ($75K Profit on first deal)
Hey BP Community,I became a BP Pro member in December of 2015. After years of talking about investing in Real Estate I decided it was time to take some action. I started using my hour commute to work to listen to th...
Sterling White
What is stopping you from making your first deal?
Hi Everyone, I am looking for obstacles that are holding investors back from accomplishing their first deal. Leave some comments below and I will do my best to offer insight. -Thanks for your input Sterling.Other expe...
Matt Inouye
BRRRR - Low Appraisals
Hi BP Community,I recently encountered a situation with my primary residence that got me thinking about how it might impact my use of the BRRRR strategy.I recently refinanced my personal residence with about 60%LTV. ...
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General Rule for Rental Properties ?
Hi,
Whats the general math rule for rental properties ? How would one figure out if the numbers work ?
Thanks