Lieren Schuette
Where Do You Save Your Money?
Hello everyone! I am a new investor in the process of building my real estate savings, and I'd love to hear where everyone is keeping their own money while waiting to invest it into real estate. I want something wit...
Markus March
Late Fee Pricing
I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...
Dylan Eggers
First House hack, more or less leverage?
Hello! I’m finally ready to purchase my first house hack! I’m looking for properties in North Denver (Thornton, Westminster, Commerce city, etc). I plan to rent out the rooms to friends if I can instead of total stran...
Orion Bukantis
Do I buy the old family house?
Hi guys,I've been meaning to get into real estate for almost a decade. I wanted to buy a house in Seattle in 2012, but gave up when I couldn't find a co-signer. Oops. Then I got distracted building my little tech comp...
Matt W.
First pre-foreclosure all cash purchase-how to protect myself
Hi BP, Like everybody I'm searching for off market deals. This is in my town of Wilmington, NC and any investment grade houses below $150k sell very fast, usually for what seems like too much.I found out about this ...
David Davis
New and looking for thoughts
Hi all. I am interested and ready to make my first investment. I am debating if I want to do a house hack (I am in Chicago, which is expensive and high taxes) or do I invest out of town? I have no experience, this ...
Neno D.
1031E into Value-add out of state Apartment (ADVICE?)
Hello All,New to the posting on BP, not new to the forms. Quick summary, my wife and I have made a financial goal to eventually migrate away from the 9-5 grind and have financial freedom through our passive RE. We hav...
Sherry Maxey
Investor in California
Hi All,I'm Sherry, a real estate investor located in sunny California. I originally started in real estate as an agent, however my ultimate goal was to invest. Like many I was caught in the rafters of 2007ish chao...
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Rental Cashflow/Profit Worksheet?
I saw in a book sometime in the past that had a worksheet to help determine if a rental would be profitable or not. I cant seem to find it.
Does anyone have a worksheet that they use to determine if the numbers work...
Alix Cassagnol
Buying a motel, should I convert to multifamily?
I am in the process of buying a 25 unit motel. The current owners have been operating for about 40 yrs and have bad record keeping. They say the expenses are 10k and the income is 25k. It is in ideal location for a mu...