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Feedback on First RE Investment
Requesting feedback or constructive criticism on my first RE investment. I bought two properties in OKC last year. I have a property manager that charges 8%.
The first was $110,000 3/2/2. Rents for $995 with $787 ...
Chris Williams
Lay-of-the-Land in the Tacoma Area
Hey folks! I'm looking at one of two areas for a 2020 move - Vancouver and Tacoma. The former due to its growing nature & proximity to Portland; the latter due to the fact that it's not in Seattle!The plan: I plan...
Justin Cabral
Is this a sign that we are in for another crash?
Newbie question for those members that are well engrained into the RE investment space. I am looking to begin leveraging cash I have in REI to increase my wealth and create future financial independence.The townhome I...
Karen M.
How do YOU view debt???
Hello all you smart BP people!I have a question for today: How do YOU view debt? Here are some sub-questions that you can pick and choose from to add to the conversation:--> What are your personal "rules" abou...
Jian G.
Who’s hoarding cash and waiting for the next crash to be here?
Anyone preparing for the next crash and strategize on how to maximize return on the next cycle? It’s getting harder and harder to find good deals it seems. A lot of sellers are priced at that “perfect” asking price. F...
George Maka
Help me pitch a master lease option to seller
I recently went to a creative financing meeting and got very inspired with what we spoke about. One of the topics covered was master lease options, or sandwich lease, and as he was doing a demo on how to pitch it. ...
Chris Gavre
How did you fill your mobile home park?
Hi guys. I’ve recently closed on my first mobile home park in South Carolina. I’ve had it about 2 weeks and am looking to strictly rent out the lots. However, as expected, the demand for this is much less as people ha...
Alec Sithong
Advice on buying rentals, flips or loaning out cash?
Hello BP'ers,I need some advice on which direction to go: with a starting capital of $125K, which is the most affective way to get cash return in a year or two? My goal (like everyone else) is to aspire to live off of...
Cheyenne Davis
Buying "Subject to" and Seller Wants a Written Guarantee...
Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
Gigi Smith
Help! Tenant insists there is a leak but repairman can’t find one
Hey everyone, I need some advice. I have a tenant who is complaining that his fridge is broken and leaking, but the repairman cannot find the source of the leak and said the fridge is working perfectly. There is water...