I had a potential tenant contact me and ask if I accept felons. I have read that it's illegal (discrimination) to flat out say "no felons" so I asked what the crime was. He said "sex offender, 16 years ago when I wa...
When I bought my property 6.5 years ago, I was a total newbie and pretty much did everything wrong. Bought when the market was still high (and interest was at 7.5%) and then shortly after, the bubble burst and my pro...
Hello BPers!I was initially hesitant to post this as I was contemplating whether this is a success story yet, but I'll let the BP world to decide. I'm sure everyone has a story on how they came across BP and here's mi...
Hi everyone,My partner and I just completed our FIRST FLIP and we are so excited about it!!! We have both been in construction for nearly 10 years now, and have been talking about trying our hand at our own projects f...
I'm so excited to FINALLY be able to share the news about our first deal, a BRRRR! I've been (im)patiently awaiting this day, seeing as the project took a BIT longer than we had planned. Here's our story--my husb...
Hi BP!I'm looking for advice on how to begin analyzing a land deal with a possible timber harvest. There are three separate, adjoining parcels for sale, totaling 303 acres in northern WA state for $2,500 an acre. The ...
So I have been having problems with a tenant paying on time. She always pays at the end of the month instead of the beginning. Obviously I charge a late fee for this.
Last week after picking up October's rent...
I'm trying to break the paralysis of analysis. I've done one bad deal.
I see REI as the only viable way to accumulate wealth for my family's circumstances.
1. The following is in outline form so that I don’t worr...
Hey guys, I'm looking to purchase my first real estate property this year and according to my analysis, househacking a multifamily house here doesn't make any sense, I feel like I'm missing something. Here's an exampl...
A young married couple wants to rent a single family home I own in a low- to middle- income neighborhood. They check decently (good references from present/past landlord, no criminal history/bad debts/delinquent accou...