Terry Odom
Beginner Wholesale Action Plan
Hi All, I'm new to the forums and curious to know if any of the seasoned vets here have an action plan for getting started in wholesaling? I just started listening to the BP podcasts and take notes when I do in order...
Robert Saunders
Zero Down on an Investment? Really.
Often times I hear zero down to purchase Multi-Fam investments. After speaking to several lenders and private money lenders and reading multiple books I’ve learned this is a misleading message and almost lies. Lenders...
Becky Watkins
Property Management Licencing Requirements - California
Hi,
My husband and I originally planned to start a property management company after a few years of wholesaling and building our own portfolio. First managing our own properties and then branching out to others.
The...
Mark Grozen-Smith
Short Term Rental Expense Ratio
Hi BP friends,I'm looking at acquiring a property for use as a short term rental (STR) and I want to know what the typical expense ratio is for a STR. I know the benchmark for multifamily is ~30%, but I haven't found ...
Drew Hollowell
Should I pay off primary residence mortgage and make it a rental?
I have researched a number of real estate investing strategies and like the idea of having high cash flow with little debt and little to no risk - (who wouldn’t!) to achieve this, I am considering paying off my curren...
Joe G.
Tenant's paint overspray on garage floor, advice on actions
I need advice from the experienced property managers or landlords out there.
The floor of a two car garage from a recently vacated home has a good bit of black spray paint overspray on the floor. Power washing and ...
John Hyatt
What is your “Why” statement?
I hear all the time in seminars, books, and even talking with mentors to write down my “Why”. They provide the example Darren Hardy uses of walking a plank for $20 anyone would do it easily. Then they say if the plank...
Account Closed
Large Multifamily Acquisition - 236 Units
Investment Info:
Large multi-family (5+ units) commercial investment investment in Lubbock.
Contributors:
Tracy Hubbard
236 Units / Class B / Value-Add
What made you interested in i...
Renee R.
Multiple unrelated singles in duplex
I inherited tenants when I bought a duplex last Oct. One unit has three unrelated singles who share the rent equally, pay with one check and are all three on the lease. All was well until recently when one decided to ...
Samuel Meyers
Back dating a Verbal Lease with a Written Lease
Hi,I'm renting to a friend, we had a lease when he first moved in back in 2016. I needed the lease in place to buy (get the mortgage on) a bigger place for my family, and he needed a place for his family. I have not h...