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I am a recent property owner and BP member. Things didn’t start too well and I would appreciate any advice on what I should do if the situation does not improve :End of october 2013 I bought two rehabilitated houses i...
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How much do you pay for drywall guys to repair a wall or ceiling?
I got an estimate of nearly $2000 for part of 1 room. Absurdity.
That's when there's less than $50-75 in actual supplies (drywall, tape, mud, paint...
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I had a purchase contract with the Bank of America on a house. They "cancelled" the purchase contract and told me I am not getting my deposit back. They are not in a strong position legally, but they will likely be ...
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There's been a lot of discussion on the forums as it relates to differentiating bad debt from good. The most common view on BP is that any debt which does not produce investment returns is bad debt.I, for the most pa...
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Fellow BP’ers,Five of us long-time active BP’ers, @Jay Hinrichs, @Chris Clothier, attorney @Tom Gimer , and CPA @Brandon Hall and I have come together to change the life of someone that has sacrificed so much to defen...
I always see people looking for a specific number for their cash on cash return. For example, Brandon likes 12% or higher, and he calculates this by taking the annual cashflow divided by the cash that is invested.My q...
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Sorry if this offends anyone. Also thanks for everyone who has responded to my other questions. This message board is awesome! True learning takes place here at BP forums with real people in real situations.
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A few minutes ago I was going to respond to yet another "I need a CPA" post and noticed I was currently sitting at 999 posts. So I decided to instead detail how contributing to BiggerPockets (BP) has helped me grow pe...
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I'm curious to know what locations you are seeing cash flow if buying at current interest rates (7.5-8%)?How much is the property, and what cash flow are you seeing?Thanks!
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My wife has expressed concern about allowing people who are applying for our properties to know our home address (to send applications when they need to be mailed). Even tenants who pay for rent know our address so t...