Lisa Casey
Entitled Tenants from hell....but my mistake for being "nice"
I have a small house on 18 acres. We have rented it out 5 times with no complaints. In the last 4 years we we have totally renovated it adding a sun room, new HVAC, electrical, plumbing, and refinishing floors, ref...
Marian Smith
Why hiring a PM is CRAZY!
Just thought I’d write a few words as a counterpoint to the trending post.I own and self-manage 5 properties. I have had rent collection issues but never had to evict anyone, nor have I lost even a month’s rent. But...
Arn Cenedella
Rich Dad says a home is a liability………
Many investors quote Rich Dad to support their contention that a HOME is not an investment.Often this is done as an argument to invest capital in their commerical real estate deal instead of buying a home. Let me also...
Ben Leybovich
CLOSED on a 98-unit TODAY!
So, we had another thread going for a couple of weeks here. And this is not yet a success story, since a lot of work needs to be done to make it a success. But, today, @Sam Grooms and I closed on this 98-unit in Phoen...
Alex Applebee
My first flip at 26, a woman, ZERO construction skills.
I closed escrow on the sale of my very first flip back in January. Craziness of life got in the way and I never got around to posting about it here. However, I figured it was time. I SERIOUSLY credit BP for some of th...
Eric Fernwood
Corona Virus Impact to Las Vegas Market
Today we sent our investors a special update on the impact of Coronavirus to the Las Vegas market. I thought it would be helpful to share it here.
There are multiple canceled events and conferences. Hotel occupancy i...
Rob Barry
Where did I go wrong? Section 8 Horror Story.
So In late 2018 I bought a package of five of those small brick houses you see all over Georgia (less than $70k each) and had the brilliant idea to renovate them and rent them out via section 8. Today I got a $14,000 ...
Deisy P.
Female Property Inves./Landlord on the verge of leaving the busn
Female Property Investors/Landlords. I need your advice. If you are doing this on your own. By that, I mean, no male figure next to you that is your father, boyfriend, husband, brother, cousin. If you have none of the...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...