The Bush administration developed an effort to confront the worst U.S. financial crisis in decades, describing a plan that could cost taxpayers hundreds of billions of dollars to buy up bad mortgages and other toxic d...
I have a duplex in a very popular place in San Diego, CA. I make $1000 over the mortgage and cash flow $800. I’m getting stationed in Florida and would lose a significant amount of cash flow if I had both properties b...
Every investor no matter how experienced was a "newbie" at one time....everyone had a point where they were starting out. For all the NEW INVESTORS out there....what IS your biggest fear and how DO you plan to overco...
Were any of you investing in STRs back in '07/'08/'09? I'm trying to understand how much (%) revenues drop in a down market so that I can factor this into my underwriting. Seems like most of us on here are relatively ...
So here is my $64,000 story:December 2013 my phone rang, it was a former co-worker who had fallen on hard times. He called me and asked, “are you still buying houses”? I told him yes I was, if the circumstances were r...
Hi all,Since I was featured on Podcast 238 about a year ago, I have talked to many BP Nation Members asking me if they should buy this deal or that deal. Here is a simple way to determine if a deal a broker is sendin...
I have a few rentals and am just getting started with this as a full time gig. So I'm very green in this space of operation. I keep running into the same issue of tenants moving out without giving proper 30 day notice...
Often I have seen advice given to always reinvest off the properties you are acquiring, my simple question would be (and there may not be an easy answer) would you take cash flow and pay down mortgage(s) so you could ...
Have you ever been ditched by your Property Management Company because the tenant they put in your property never paid a dime above their move in cost and you dared to question their tenant selection criteria?One meas...
Hey BP, I have a 3 unit property in Logan Square, Chicago. I have a PM management company that takes care of it, and in the past 5 years, didn't pay much attention to the numbers. As I started scrutinizing the numbers...