Dan Deng
Unsure what to do with my current primary residence
Hello All,
I have decided to come to the BP forums to ask for your advice and or thoughts on my current situation. I currently live in Ann Arbor, MI and own a primary house here. Due to a new job offer, my family i...
Collin Hays
Lawsuit time! A reminder about risk management for your STR
This occurred on Sunday. Thankfully not at one of our properties, but one about three hundred yards away. A heavier gentleman was apparently walking up the stairs to his cabin, a step gave way and snapped, and his l...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Blake Ramsey
How prepared did you feel going into your first deal?
Hey everyone, my name is Blake and I’m an engineering student based in Springfield, Mo. I’m looking into investing into my first property this year (buy-and-hold sfr) and was wondering how you all felt before doing yo...
Tom Plyler
Sub2 & POA
I'm working on a Sub2 deal and have been reading tons of posts here on BP. I know I need a POA but would like an actual example of the specific language some of you use to address the immediate and longer term issues...
Sateesh Kumar
Sell triplex and buy 12 plex in Oakland good idea?
Hello,
A relocation to CA bay area seems imminent due to job and therefore selling an owner occupied triplex also seems imminent. I was initially considering selling my triplex and buying a single family in the bay a...
Dave Meyer
Is Real Estate Still the Best Asset Class?
Real estate is harder than it's been in more than a decade -- we all know this. High prices + high mortgage rates + low inventory is making this a challenge. So my question is -- in an era where you can get a 5% CoCR...
Marc Estepa
Hawaii Landlord using $4000 deposit to fund carpet remodel
Aloha. I have a situation in Hawaii I am looking for guidance with. My family had rented a 3000 square foot home from 2016-2020 with two large mastiffs. Bottom line up front: The owner is hinting at replacing his e...
Wade G.
Overcoming the Idea That Paying Off Mortgages Is A Good Idea
Overcoming the mindset of paying down mortgages is a dilemma for me. Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence. It makes financial sense to me to ...
James Wise
Clayton Morris / Morris Invest House of Cards starting to fall.
It looks like Clayton Morris' (Morris Invest) House of Cards is finally starting to crumble. This article just came out today.https://www.indystar.com/story/news/2019/03/26/fox-and-friends-clayton-morris-investment-re...