Hi everyone,been listening and reading a lot. This is my first post. I’m trying to figure out the best strategy for investing in my first rental property. I don’t want to get over my head in my first purchase. Sho...
I find that most of my real estate investors get beat out on a deal by other investors who act quickly. Is there such a thing as being way too analytical instead of pulling the trigger? Which one would you rather be?
My manager is asking if I (landlord) will allow prospective tenants with no eviction in past 4 years. I was thinking no evictions at all. But what's the acceptable and more common practice here? From a simple online s...
Looking for some advice regarding my extremely high heating bills. I own a 14 unit apartment building located in Commerce Michigan. I currently pay the gas and water for my tenants while they pay for their own elect...
Does anyone have experience using their 401k to invest in rental properties? I understand the basics of the process but was hoping for some more personal insight! Comment with the good, the bad and the ugly. I’m curio...
I have a vacant lot (40 feet by 108 feet) near University of Houston, Texas Southern University, and Downtown Houston; and I have just recently re-platted the lot as two separate lots (each is 2,160 sq. ft. UNIT A &a...
Hello BP Community. I am asking for advice on how to break through analysis paralysis. I am a CA resident looking to invest OOS in MFH in the 100k range. I understand the process of building a team and knowing your ma...
Which deduction do most rehabbers use when providing water, snacks, pizza, beer, etc for their work crews (family, friends, etc) on the jobsite?
I had always used the 50% deduction in other businesses, but ac...
There's a common belief among landlords that pets are an absolute "no-go." While I prefer not to have pets in my apartments, I don't always provide a strict no. The main reason behind that is tenant quality. I mainly ...
I'm planning to partner with a friend on two flips in 2014. We will each be contributing equal amounts of money to the projects. Since I only anticipate doing two flips next year I'd prefer to declare the profits...