Justin Madison
Should I Invest in this Flip Opportunity?
Hello BP Community! I'm still fairly new and have a deal that I am considering. It is with a local flipper who is quite experienced. The deal is to lend him $200K for the duration of the project with the expected d...
John Fulton
S&P or Real Estate or Both?
The S&P crushed it last year... So I think of it this way: Buy apartments, and use that passive income to grow your portfolio. Real Estate doesn't require you to trade your time for returns, like trading your time...
David Rutledge
What to except in the 30K - 60K price range
Good evening,I am an investor from CA. I bought a duplex in Indy last summer and I am very happy with the returns so I am looking to add another multi family to my portfolio.I have about 30K saved up so I am looking i...
Peter Morgan
Tenant runs AC 24x7 without any break
Hi,I have an older HVAC unit , I think it has reached almost its end of life, I recently spent over $1500 to service and repair it. I have a new tenant that runs the AC like there is no tomorrow 24x7 without any break...
Richard Merkuris
Is it wrong to raise rents on existing tenants every 6 months
Is it wrong to raise rents on existing tenants after property has been purchased every 6 months tell rent is to rent level in area? (increments of $25 which would be a total of 2years in all to reach)
John Matarazzo
Help on hiring a property manager
Hi all,I am a rookie investor, have been managing my duplex for 1.5 yrs. However, recently have been assigned out of the US for work and I'm not able to keep up with managing it while out of country.Other investors in...
Colin Orlowski
How Do You Manage Your Contractor During the Remodel
Hello, Im planning ahead and wondering how some of you have managed the rehab and your contract. Once you have the contractor/GC you are wanting to work with, how do you both set expectations of what will be done and ...
Robert Steele
Gross income 3x rent too simplistic
I see this metric of gross income should be 3x or 4x rent and cannot see how this can possibly be useful other than a preliminary "should I even bother looking at this app".
I think a more useful metric would...
Derek T.
Rehab Costs
Okay so I am trying to get better at estimating rehab costs and currently I am trying to come up with a list of how much repairs will costs. From my understanding their are two philosophies when it comes to repair co...
David C.
Schedule C or Schedule E ? Pros - Cons
I have read sources/watched videos, etc. regarding reporting rental income on your Schedule C vs. Schedule E. Each source comments on why one may be better or the other. Frankly, it seems like depending upon the sou...