Kristen Ray
Surrounding yourself with like-minded individuals
Hello BP!As I continue my REI journey my circle of "friends" has begun to shift. Many of you have heard the sayings "You are a reflection of the 5 people you hang around." and "Surround yourself with like-minded indiv...
Cole Stamer
Ready to buy my first investment property
My wife and I started saving and building our credit a year and a half ago after talking to a lender to figure out our trajectory to buying our first property.
With our credit score in the high 700s and our savings...
Freddy T.
Should I raise rent drastically or raise it in small quantities over time?
Hello all,So I have a Duplex property in a rough part of town. Originally I rented out my top unit in 2020 (3 bedrooms and 1 Bath) for $775.00. I didn't go too high because the area isn't all that great so I thought i...
Marlon Freeman
Replacement Reserve Funds
Good Morning BP,
I have a question about reserve amounts. When analyzing deals, what do you budget for reserves? do you withhold a flat rate amount, or do you withhold a percentage of the gross rent? Currently I am ...
Erik Carrion
Hello, Erik From New York Here
How's everyone doing today. Since this is the introductions forum, let's get started.
My name is Erik. I'm from Brooklyn, New York. I graduated in 2007 from The Wharton School where I concentrated in Real Estate and...
Michael Buabeng
Renting out my single family house
Hello everyone; My name is Michael and I am 25 years old. I recently purchased my first house built last year. I moved in around November for a little over 200K with a 2.5% interest rate....
Linda Bennett
Preparing for first flip
I'm relocating to Jacksonville FL in June and I'll be working as a real estate agent. My husband and I want to start investing in real estate and flipping houses. Any tips on funding the first flip to get started, wha...
Alexander Glazer
Deducting improvements from a rehab?
I am starting a rehab for a single family property come the beginning of June (tenants lease ends may). I am researching about section 179 of the tax code and trying to understand if this applies. The house is under m...
James Edward Grohman
Landlord potential with starting capital of $1.1M?
So I've pretty much always wanted to be a successful landlord but I've never been able to make the jump. I've been blessed with a little over a million dollars to fully invest into rental properties. With a little b...
Michael Bennett
The Best Budget Spreadsheet
Hello, I am currently seeking the best cost effective software to use for budget analysts and tracking all expenses during a flip project. Any recommendations and what you may use or recommendations on the best softwa...