Josh Magnus
This economy feels like 2007. Am I wrong?
Hello BP community,
Is it me or do the sky high valuations on homes seem similar to the run-up during 2006-2007? It seems like the market is due for a valuation correction, maybe relatively substantial (10-20%)? Eco...
Daniel Whitmore
How Much Pressure Should I Put on Myself for Deal #1?
How important is it for my first deal to be a good deal?I’m new to real estate. My network is small. I don’t have muscles to flex, I don’t have past experience to guide me. I’ve read books, listened to podcasts and we...
Robin Grimes
I get asked "So, how many properties do you own?"
"So, how many properties do you own?"
I get this question almost every time I tell someone that I'm a real estate investor. Tenants and applicants ask the same question also. I generally respond with a smile and s...
Carmel Duffy
A stupid Landlord Mistake
With winter here I thought it would be a good idea to buy a snowblower for my rental home. In the lease it states that the tenant is responsible for snow removal, but I thought I would buy the snowblower. I had the te...
Craig Castro
Tired of being a do-nothing loser
I'm sorry if the title is a bit harsh, but this is where I'm at. I've read numerous books including Rich Dad, Poor Dad, David Greene's books as well as others. I do everything I can to soak up the knowledge, but the...
Hae-Yuan Chang
Subject To vs. Lease Options
Hey everybody!I am going to reach out to some landlords this week to make a few offers. I'd really like to weigh both Subject Tos and Lease Options, and how to know which is better for which situation. Some thoughts t...
Atampreet Singh
Appraisal came in at 235k, Under contract for 277k. Buyer here! HELP!
Hello all,I am under contract on a 4 bed 2 bath home in one of the nicer suburbs of Detroit, Auburn Hills. I am under contract with seller right now for 277k with 8k in seller credits negotiated upon inspection. Now,...
Josh Harbert
First STR Need Advice!
I just graduated high school, class of 2023, and I chose to get into real estate instead of commit to a college degree. I live about an hour east out of Pittsburgh. Being so young (literally just turned 18) I don't ha...
Jeshua Patrick
Disney Cruise inspiring OOS investing in Dayton OH
So my wife and I went on a Disney Cruise last week. While on our trip we met a family from the Dayton OH area who, in addition to owning an HVAC business, owns 20 doors in that area. We are in the Charlotte NC area an...
Padma Mody
Tenant called the Police
I bought house in Sept 2014 and it was rented with month to month lease with section 8. During November, Section 8 did yearly inspection and find out that HVAC is not working properly. We hire the HVAC guy and ask him...