Bill Gulley
How Profitable Is Property Management?
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Mark Rauch
Out of state investing
If one were to invest out of state, what would be the proper way to oversee improvements and management. In other words what should your infrastructure look like and how can you protect against property managers, con...
Matt Inama
Question: Proof of Funds for Cash Offer
Hi BP-ers!I'm a rather new real estate investor in the Denver area and listened to the recent podcast where Paul Thompson (episode 283). This episode got me pumped up to start implementing Paul's "farming" method. As ...
Sandra B.
Mentorship/Advice needed, have a solid amount of start up cash but no experience
My husband and I are really interested in getting into real estate, every year that passes without us acquiring a property feels like we're falling behind. We're financially very stable, we bring in 400-600k annually ...
Travis Boyd
How effective can MTR be with small multifamily properties?
Hi BP community! I currently House Hack in Everett, WA (near Seattle) and utilize FurnishedFinder for our basement ADU with great success. I have built up enough equity and savings and will start adding multiple rent...
Account Closed
Opportunity Cost: Turnkey vs BRRRR?
Hi BP members! I'm an aspiring multifamily investor from Memphis, TN. Currently in the learning and information gathering stage, I am trying to wrap my mind around the major differences and opportunity costs between c...
Abraham Anderson
$1,300,000 Deal at Age 21 & I'm Retired!
Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
John Thedford
BP Is A "HOTSPOT" Of Illegal Activities
Just got a call from DBPR. That is the Department of Business and Professional Regulation in Florida. They regulate licensed and unlicensed activities. Their call was in relation to an unlicensed broker complaint I fi...
Jay Helms
Buy & Holders- Concerned About the Predicted 2017 downturn?
Hello my fellow long-term buy & hold -ers. The more I listen and study (from various sources local & national), the more I hear the experts talking about an upcoming downturn in the market. Some folks have so...
Karen M.
What are some options for funding a rehab project?
Dear BP friends --I am thinking of buying a property for cash. However, I am concerned about using up all of my non-retirment money on a property deal. It's just scary. We obviously need to have an emergency fund f...