Rj J.
Dave Ramsey Philosophy + Buy & Hold Strategy = ........Reality???
Hey BP'ers,I'm a huge fan of Dave Ramsey and his philosophy of being debt free yet I also have goals of owning rental property and cashflowing $10,000/month from rentals.I would love to create a strategy of buying ren...
Kevin S.
What would you do?
Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...
Account Closed
$1 Million In Rentals - How Much in Reserve?
Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...
Edita D.
Tenant owes us 3700$ with intention to file for bankruptcy.
Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
Skye Anderson
Is this really the reality of property management?
I recently had my first call to interview a potential property manager for my first long-distance investment property and it left me a bit discouraged to learn of the reality of the costs involved.
3-5 weeks to rent ...
Travis Raila
Out of state investors - what market did you choose and why?
I've been talking to a few people about this recently, but I would love to poll a larger group.For those of you who have invested out of state - which market did you decide to invest in, and why did you choose that ma...
James Wise
Is there way too much encouragement of no money down investing?
I constantly see new posts from members saying things like
Got a sweet deal, but no money. What do I do?How do I find private money?How do I fund my deal if I have bad credit & no income etc?I want to get started...
Rhondalette W.
Eviction on record from 7 years ago (2008) do you rent to them?
Trying to find our first tenants. We have found a couple that we like, however the husband has an eviction from an apartment in 2008. I have heard some say that if a person has ANY evictions they would not rent to the...
Tom R.
Private Investor Wants 50% for 0% work Advice
OK, here is the situation I'd like some creative financing / deal structure ideas please.I have a deal/property & I approached a private investor friend with:I originally structured the deal to him as a 'debt' onl...
Max T.
ADUs legal everywhere?
FACT SHEET: Biden-Harris Administration Announces Immediate Steps to Increase Affordable Housing Supplyhttps://www.whitehouse.gov/briefing-room/statements-releases/2021/09/01/fact-sheet-biden-harris-administration-an...