Ralph Dicharry
Flooded Houses in Louisiana
Hi BP familyLiving in Louisiana I'm beginning to receive calls about people wanting to get rid of their flooded houses from the 2016 flood. I have never thought about flooded properties before so I decided to reach o...
Rick Bassett
Worst tenant ever - I missed a giant RED FLAG
If everything goes well then our worst tenant ever will be moved-out in just under 12 hours from now, the champagne is on ice and we are cautiously optimistic. Interestedly enough, the problems with this tenant have v...
Frank Matanane
1K for marketing - How should I spend it?
Hello BPJust finalizing details to have my biz partner fund a small marketing budget ~1K/mo. Looking for recommendations on how to spend/allocate the budget: Direct Mail / Online Lead generation. Picking up about a 10...
Timothy Church
Why are we so focused on occupancy??
In working with investors in a tourism-based market, vacation rentals are a constant discussion. Not only because other people are interested but because I am shifting my personal portfolio to focusing on them as wel...
David Harris
Where to go with a 4-unit multi-family property (In over my head)
About four years ago I got a 4-unit property with a FHA 203K loan, I was 26. The goal was to fix it up, live in it and rent the other 3 units out to cover the entire mortgage and have a a slight profit. I was gettin...
Jordan Williams
Flip or Flop show really that accurate?
Just watched this show with my wife last night. It made me think of the quote the rich get richer but I'm still pretty skeptical. The show basically went as follows:If you have 300k cash to spare go buy a foreclosure/...
Don Coumbs
Blue Collar or White Collar Landlord, Advice or Discussion
I'm a hands-on blue collar type landlord thinking about changing my business model to scale up my number of rentals. I would appreciate thoughtful input about how you decide on rental scaling and business modeling.Abo...
Michael Swan
Please Evaluate My Plan
A little background first. In 2011-2012 purchased with 20% down loans 10 condos in sunny San Diego. Averaging about $48,000.00 cash flow. Life was good. Then I calculated my return on Equity and noticed San Diego ...
Nate Fanara
Totally lost on creating LLC
Hello,I currently have 1 rental property (this may go up very soon) located in Ohio, I live in AZ. I have done a lot of reading about the benefits of an LLC. My main reasons for wanting one are the protection it provi...
Joshua Dorkin
US Credit Downgraded from AAA to AA+
According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.
Thoughts? Insight?
I realize this may get political, but think this is an impo...