Recently we had two investors from the west coast come to town. This post is what we can all learn from their visit...maybe a couple of take aways.They’ve bought 12 houses here in town and while it’s been a great lon...
One area that I fear I struggle in is tenant management, or lack thereof. I was burned by my last tenant (and really, my own decisions) because I think I allowed some things to spiral out of control.Rent-wise, no exce...
Hey guys, thanks in advance for reading my post. My goal is to build a solid managed real-estate portfolio that generates at least $10k of cash flow a month. I'm willing to do whatever it takes to accomplish this, wha...
This was my first auction and I was really excited. The property I bid on and eventually was awarded was purchased sight unseen. Upon visiting the property, I was horrified to learn that I had purchased a piece of la...
Hi BP familyWe're fairly new to wholesaling, and we came across a seller with a mobile home and need some help understanding how to wholesale this property. We still have to visit the unit, but here's what we do know...
Hey Everyone,Hundreds of properties in Chicago get bought and sold every year with illegal units. Are they safe investments? Should we as investors purchase property with illegal units?Has anyone gotten burned by the ...
Hello BP members, After a recent meeting with some fellow investors in my marketplace Cleveland Ohio it was scary that we all have stories of out of town investors contacting us to check in on their properties that t...
I closed on my first house with a freshly installed A/C. It hasn't worked properly since install. It is under warranty but after several visits the contractor is blaming the existing pipework (the 'line set' and drain...
Hi BP community! My partner and I have been given the opportunity to purchase some land (around 1 acre) in southern Costa Rica about 8km from the airport. We’ve always wanted to go there and have many friends and fami...
Hi everyone,Contractors can be a touchy subject, as we all can agree. Too many times we run into contractors screwing people over, making up excuses, general lack of interest in the projects, lying, etc. etc. Too ofte...