Wendell De Guzman
Violating the 70% rule and still making money?
Have you violated the 70% rule and still made money?
For those of you who don't know, the 70% rule is basically the multiplier you have for the ARV (or After Repair Value) from which you deduct the repairs an...
Account Closed
DIY Debt Consolidation & the Aftermath: Credit 'Repair'!
so, couple months ago i settled multiple unsecured credit cards and now finally they are reporting as closed (by the consumer) and settled (for the amount agreed; a few say for less than the full amount, though).my fi...
Mike Arya
Need advice please : Neighbor claiming Renter's Dog bit them.
I'm a landlord for a Davenport property, and I've been served a complaint for an injury claim by a neighbor who claims that a dog owned by my property's renter bit and injured her back in April 2022. The defendant's ...
David Carpenter
Easiest way to find comps?
I know that I can get comps from agents but is there any other way for me to get them? I am researching several properties that I have found driving for dollars. And I don’t want to keep asking agents over and over fo...
Bob Galivan
Cleveland Investing: Short Sales
A client recently contacted me about a short sale in the Cleveland market that seemed to be priced way below market value. After digging into the listing info, I found a fairly typical approach to marketing these prop...
Jonathan Wooten
I am new and getting nervous about my first buy
First of all, thank you for reading.I am 24 and I live in Chattanooga, Tennessee I have made my goals for the year ending 2017...to have one owned hack house and one investment property. I have access to 40k liquid an...
Jeremy Magin
Regards from the Pacific Northwest!
Hello everyone! I’ve been browsing BP for a couple of weeks now, have read the BP Beginners guide to Real Estate Investing, and am loving the educational phase of my journey. My wife and I recently moved to Washington...
Chris Johnson
Please, please help me decide a fair profit split on this particular flipping business!
Oh most wise BP members,I will try to make this as short as possible, but still supply most of the relevant details. Please help me to come to an objective decision on how we should split the profits from our projects...
Alexander Glasser
Buying Mobile Home Park Using Master Lease
Looking at Purchasing a Mobile Home Park using master lease with Option to purchase at the end.
Currently 9 spots for mobile homes.
2 are owned by the park (1 occupied no rent collected, 1 vacant needs work)
6 are...
Sanjeet Dighawa
Tenant Requesting HVAC Maintenance
My tenant has been making a long list of maintenance request since past one month when I have denied their request of adding one more pet citing HOA max pet policies. The last request is for HVAC maintenance based on ...