Peter J
50% and 2% rule question
I realize these have been beaten to death on this forum so I'm not here to bring this debat back to life but do have a question.
I don't think it's possible to follow the 50% rule if you don't buy a property that isn...
Chris B.
Tenant screening & application process
Planning to get my first multifamily property by the end of summer and wondering how to go about selecting the right tenants. At work part of my responsibilities include bringing on new talent to the team. I’m usual...
Max Balesteri
Advise for starting an out of state buy and hold investing portfolio
Hello everyone,I recently found and signed up for this great site. So far I've been reading a lot of posts and figured it's time for me to get involved a little more.I recently started my research for putting together...
Matt Liu
Stress from property management causing nightmares
I started managing my own properties (with a handyman's help) because the management companies I first hired were terrible. Plus I could use the extra money. The problem is now I sleep poorly. I often wake up with ...
Jay Hinrichs
WHAT ARE YOU THANKFUL for THIS YEAR ???
I will start.1. Thankful for BP support at BPCON for our Charity aheroshome.org with their participation we hit our goal and have raised 180k from BP members for our project to give a home away to a deserving first re...
Mike G.
Private money lending and CA usury law
As a rehabber, I'm willing to borrow money at more than the usury-limited rate of 10% (I live in California). I have seen posts in the past indicating that private money can be loaned at higher interest rates if the b...
David White
Credit Card Debt Options
I have credit card debt that I'm desperately trying to pay off. I have a full and part time job but, it still feels like I can't catch up. I was debating about giving a certain credit repair company (I would name it b...
Bryan Hancock
What is Your Best Experience With Fellow BP Members Sharing?
I have had BP members send me the following:
A copy of Spin Selling (thank you Jon Klaus) cassettes, contracts they use (thank you Ricky), advice on estate planning (thanks Vikram), attorney refer...
Al Williamson
How Can Landlords Profit from the Internet-Of-Things
Wi-Fi enabled sensors will soon be embedded into nearly every product so "owners" can monitor the data the object sends. A gate may send a signal meaning "I'm open" and a chair may send a signal saying "183 lbs." ...
Jasmine Claye
How Likely Is It?
I watch a lot of RE shows about flipping and solely renovating. I know that there is more behind the scenes then what is shown on TV but on these shows, they seem to be able to do a renovation for between 30-40K. Incl...