J. Martin
Using range of expenses in your profit / ROE estimates?
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Lee Haenschen
Hitting a brick wall
I could use some words of encouragement. For over 2 years, every moment I can steal away from family and my business, I look at homes to try and start my portfolio. Mainly looking for some to Brrrr at the moment. It s...
Allende Hernandez
When does it make sense to sell your rental?
Good evening folks,I've been wondering around this lately and decided to come to where the expert live.I have a rental property that used to be my primary home until a year ago(Miami, FL). We bought it in 2010 and pr...
Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
Paula Wallace
Just SOLD my 2nd deal with DoHardMoney.com!!!
I just sold my 3rd deal but 2nd fix and flip with DoHardMoney.com! I made close to $50k in profit!! They are a great company and I am looking for my next deal to continue using them. They made themselves available ...
Ciji Masser
Investors who started in late 30’s with multiple children
Hello All,Josh and I are newbies to real estate. We are absorbing as much information as possible and setting goals. We are currently in our late 30’s and have 4 school age children. Over the past year we have been ab...
Joshua D.
Contractors looking at it like there making me rich
So i feel and have heard comments about me getting rich while the contractors or employees do work for me which i feel isnt there business. They dont understand it and it makes me angry and mad but do feel exactly whe...
Joseph Barbaretta
How much to give a GC upfront?
I've got a property that requires a pretty major rehab (asbestos siding, and needs new electrical, plumbing, HVAC, walls ....). I have a general contractor that I think will do a good job. I wanted to do the work as...
John Ellis
Starting a Great "Turnkey" company...How?
I know this post is long but if you ever thought of investing or have invested with a turnkey company could you help me?Over the past 8 years I have worked hard to establish myself as both a investor friendly contract...
Shane Pearlman
Cashflow Doesn't Build Wealth?
While cashflow is key to keep the property safely under control, I seem to find that the larger returns for our portfolio to date come from strategic growth of equity. My wife and I are still fairly small in our inves...