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Overbidding is the opposite of being a conservative investor. It happens when you buy above the market rate, compared to similar properties in the same general area. Another telltale sign of overbidding is when you pu...
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Hello,So I am kind of stuck on an issue that I could really use your help on. So to have a quick recap, I am currently an investor and have 2 properties with one if them being a partnership with my dad. I have a ton o...
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Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...
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Hi all -We have been landlords for 5 years with very few issues. Everything that has come up we have been able to fix within a day. We take great pride in our homes. I am sick to my stomach with an issue we have been ...
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http://www.ebay.com/itm/DETROIT-MI-SOLID-BRICK-SIN...Is the whole city falling apart?
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BP is great place. The world in general is not. Over the last year I have listened to all the BP podcasts, those guests who succeed are showered with praise and emulation. That's why we are here, we want to be like th...
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Has anyone else had a bad experience with this guy? He is another 'no money down' guy, but as a student after paying thousands of dollars, he was never available, never answered my questions, and pawned all of his me...
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We are closing on our first two rental properties next week. They are turn key ready to rent properties. We have a few potential renters already. One is a young couple with a dog. I have dogs myself and know that ...
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Hey there BP!I'm posting this thread, which, full disclosure, will be long, and might not be for everyone, in order to document a project I am doing here in sunny Arizona. It is on a commercial building, 8 units, and...
I purchased a fixer duplex with tenants who pay $695/mo ea. Market is $1300/mo. in that Portland neighborhood. Their rent hasn't been raised since they moved in in 2012, and the units are in varying states of disrepa...