Stephen Bianes
Creating our business plan
Good afternoon BP family! My team and I are going to form our business plan next week. We’ll be following a real estate template that I came across in the net plus some guidance from multiple books. I’d like to ask if...
Matthew Paul
Renting to the homeowner next door.
The woman next door came to me this week and wants to rent a 2 bedroom I have next to her house . Why , she is getting her home totally re done ( it NEEDS it bad) Now the good part , she is a pack rat . And a bit st...
Kevin Yeats
Six more down
Six more banks failed today (4/15/2011) ..... or should I say were closed by the FDIC.
Two in Alabama, two in Georgia, one in Mississippi and one in Minnesota.
Brings the total bank failure count to 34 with Georgia ...
Bryan Mitchell
To Keep a Tenant of Not, That’s the Question
This tenant has been late 4-5 times this year. They moved-in 2018. This landlord wants to raise rent to be closer to market rents by another $50. Small increase to most but probably not this one. Keep or not? Why?
Sam Leon
Questions for those landlords who start advertising BEFORE tenant vacates
I understand the best case scenerio is your new tenant moves in the same day your last tenant moves out.
I wonder how some of you landlords minimize the turn over time.
This mean you do showings while t...
Charles M.
Lead Gen Websites for Off-Market Deals
I'm looking to make a website lead gen source. My goal is to find new leads for those who would like to sell their home off-market in my geographic area. Does anyone have a recommendation for a web development service...
Jorden House-Hay
First Flip Fail (featuring chickens)
Lead Source: Wholesale
Strategy: Flip
Purchase Price: $103,000.00
Rehab Budget: $55,529.00
Resale price: $148,000.00
Overall Return
854 Lockbourne was our first flip and a case study for what NOT to do whe...
Michael Baum
Mike's Deals of the Day 2/11/2020
Been a while! There hasn't been much relevant for us vacation/short term rental folks! Here are what I have found today:Emerson Sensi WiFi thermostat on sale at Amazon for $88.71. I have this thermostat and it is grea...
Ryan Worley
When the 2% and 50% rules should be used or ignored?
I have analyzed several homes using the BP rental calculator. Multiple times, I have had positive cash flow ($300/mo) and acceptable CoC ROI (5-7%).However, these homes have all failed the 2% (and 1%) and 50% rules. W...
Trace Carson
Completely New
Hello everyone! I've been doing some reading and listening to podcasts from this website for about a month now, and have finally realised how easy it is to become involved and learn even more through this website! Any...