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I am new, have not bought my first property yet, but I have been a "businessman" for 20 years. I have a higher than average tolerance for risk, so long as it is "calculated" risk. For the sake of this question, assume...
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Hello fellow BP members!I wanted to ask for your advice regarding a decision I’m putting in front of myself: I’m trying to decide if my next investment property should be a play for appreciation or cash flowI’ll try t...
Hello, Newbie here!I'm putting an offer in on a triplex in southern California for about $950kIts in a desirable area and it brings in about $5k a month in rents. The rents are about as high as they can go, so I can't...
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Do you think it will be a Recession 2020?
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So here's my situation. Looking for some feedback on what I can do differently next time.I found a multi-unit in a town where I grew up. Five units total, four currently rented. Vacancy rate is low. After getting some...
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Was listening to podcast by George Gammon and Robert Kiyosaki recently. They made the comment that with high market valuations for most RE right now, and record low interest rates, that the debt is now the asset, and...
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My property manager contacted me to let me know a tenant in one of my duplexes has been given a dog. They asked me if I would consider collecting a 200.00 pet deposit and 25.00 a month for pet rent or if I wanted to e...
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BP Community,I live in the Denver Metro city of Centennial, Colorado. It boggles my mind how many contractors come to do a site walkthrough, promise to provide an estimate within a few business days, and never send i...
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Okay, so I just posted back a couple of months ago regarding a 3 bedroom single family I bought on July 15th. But, I had the opportunity to buy a 3 bedroom townhouse.This deal actually started back in May! I visited...
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I'm preparing to show an apartment to several potential tenants tonight and I'd like to run credit/background checks on anyone who applies.From the services I've explored, it seems your average suite of reports comes ...