I've been crunching some of the numbers as outlined by numerous people here on BP for some of the houses in my area and producing cash flow on rentals just seems like a long shot. As an example one neighborhood I'm lo...
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We are all born with some degree of creativity. Some people have much more than others. Some maybe able to create beautiful music, other fantastic drawings or paintings. Others can work through the intricacies of a ...
Investment Info:
Single-family residence fix & flip investment in Phoenix.
Purchase price: $333,200
Cash invested: $129,000
Sale price: $565,000
This was a flip right in my wheel house in dow...
Hi everyone, I would like to buy a property, build for NNN lease but run the tenent business the sametime. I don't know if someone here has done something like that. What are the pros and cons? For example, if I have ...
One of our prevalent society myths is that we "make" money. Nope. Money already exists, and the only one who makes it is the government with its overloaded printing machines. The rest of us move money around.If we bot...
Hello BP,I purchased a house to initially flip and my contractor in the middle of the flip kept asking for more money and more money. Eventually, I had to fire him unfortunately the cost has already surpassed my initi...
Well it was a long process but the day finally arrived. After months of education (mostly here, see post history) I finally came to a realization that many have talked about and many need to experience:
I said to ...
Hi everyone,I want to have tenants complete their own background check and screening. What is your favorite website that provides these reports to landlords?Thanks!Jay
I currently have a couple who rent a 2br 1 bath unit for $1200 from me. They're always late but manage to pay the rent. They recently had a child and were looking to move as they wanted a 3 br sfh. I gave an associat...
Surely someone knowledgeable in these forums must be familiar with the BP Book on Rental Property Investing?I became obsessed with this book and am beginning my journey into RE investing. And still trying to understan...