Matt McLeod
Rookie crunching data for possible 1st buy
Hey all. My wife and I are considering making an offer on the following SFH:
3/1 with 1340sq.ft listed at $64,900. Built in 1954. Its an estate sale by the only child of the deceased homeowner. Vacant for...
Jack B.
Found a property in LV but worried about peak
This house barely cash flows. I worry about it being near the peak especially in LV due to the looming recession. With 85k involved in closing, it isn't an ideal time to buy if the market turns against me and I can bu...
Samantha Swenson
How to survive an Impending Depression
My husband and I are getting into buy and hold real estate investing and are planning on BRRRRing properties. The renting market is in an incredibly high demand in our area, but we are in a small town. When talking t...
N/A N/A
50% / Itemize
Operating Expenses seem to be a big shade of gray for investors. Especially for a newbie like myself who has never run an investment property. Do the vets recommend itemizing expenses when running a cash flow statem...
Ryan Dossey
Tenant is wanting to replace things in the house.
I have a tenant who has just moved in. Her application was great, work history was great, and she is a single gal with no pets or kids. She is looking to stay somewhere for years as she is sick of moving... Awesome! H...
Sarah Larbi
Who has the best tenants ever? Great tenants DO EXIST
One of my properties I have amazing tenants; granted I do many nice things for them in return but they are amazing nonetheless.
As an example they gave us a hand made gift basket for Christmas with candles, body loti...
Tyler Brown
Do you have a system for investing out of state?
I'm looking to purchase rental property to buy & hold for positive cash flow.Unfortunately I'm located in New York City, where anything remotely close here is far out of my budget, and regardless, this is not a la...
Willie Morales
Philadelphia
Hello BP,Is there anyone in BP who is in the Philadelphia area that invests there on a buy and hold basis? Would love to talk with you, And maybe get a pointer or two,and hopefully I can do the same for you.Thank you ...
Jay Hinrichs
First substantial loss
I have closed a property yesterday that I took a hit on... it was my first loss in 3 years and over 250 transactions that I funded. Take away... BP member good talker bad in execution.. I went and met with him in Atla...
Stephen Glover
Almost Lost $24,000 on BRRRR, Instead Made $8,000
My numbers showed a conservative ARV of 3/1 rancher in Richmond, VA at $135,000. All-in costs including repairs, title, legal, lender fees, etc. was $108,000. I developed a relationship with a new bank with great po...