Katherine Serrell
First out-of-state BRRR: What went right & what went wrong
Investment Info:
Single-family residence hard money loan investment.
Purchase price: $65,000
Cash invested: $22,000
I completed my first out-of-state BRRR on a 3 bed, 1 bath single-family home in Jac...
Sylvia B.
Periodic inspections for SFR
I want to keep a close eye on my properties, but at the same time, I don't want to annoy my tenants. I'd like to develop a standard checklist that I use quarterly or biannually at each property, but I'm not quite sure...
Nataniel A.
Is investing in a "rougher" area always a bad thing?
21 Unit building in San bernardino1,495,000 asking priceActual GRM of 8.8 - Market GRM of 7.6It nets a little over 100K. From some research and asking around I've found that this specific area isn't too safe or somewh...
Matthew Paul
Home inspector says deck isnt up to code .
I got a call earlier this week from a customer I installed a deck for back in 2002 . He is selling his house and the "home inspector " says the deck wasnt built to code . The customer is upset , I told him to give me...
Erica L.
Acquiring someone else tenants through new purchase
I finally made 2 deals... in one week!!!! WOOOHOO!!! :)
However, the one is a duplex and I'm super weary of acquiring someone elses tenants. The place looked clean and taken care of - but if they don't pay, I don't ...
Shay Sahray
New to Memphis
Hello everyone,I'm considering to start investing in MemphisIt looks like there are a plenty of investment opportunities there of 20-40K rental properties with high ROI/Cap rateWhat should I take in consideration befo...
Pablo Martinez
(OHIO) Landlord wants to possibly illegally evict us.
We have been dealing with a nightmare landlord. She is extremely rude, constantly bothers us about coming in to just fiddle around multiple times a week(with proper notice), and has been trying like crazy to break our...
Anil Samuel
Hello from Maryland
My name is Anil. I recently moved to Maryland from Florida (where real estate was really cheap) for a new job two years ago. I purchased my first rental property in central Florida at the start of 2012.
I a...
Robert Howard
Mentor wants to sell me one of his houses.
Hello BP ProsI need a little advice. I have a mentor who has been helping me price my offers and has showed me a lot. He is moving up to higher properties and wants to sell over his lower income properties. He has a...
Carl Fredrickson
Becoming an accredited investor
I'm still a while off from needing these answers, but out of curiosity...How stringent is the $1million net worth requirement to become an accredited investor? Is it to the penny, or is it more of a rounding thing (so...