Bill Gulley
How Profitable Is Property Management?
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Jc M.
Being Swallowed Alive: The Collapse of San Francisco
I was born and raised in San Francisco and as we all know, this city is changing big time. My wife and I felt fortunate that we were able to buy a home here in 2016 despite the astronomical cost. Our children know not...
Bob McIntosh
Potential Deal, looking for advice
So I have found a property, in a decent middle class neighborhood, the details are as follows:
[list]Property Price: $140,000 (asking price, can negotiate down but for analysis purposes keeping it here)
# of Units: ...
Jacob Prelle
I have 100k. What should I do?
After a year of vague forum posts, let's get personal.My wife and I have 100K. No debt. We rent a townhouse, at $1,700 a month in Orange County, California. Currently we make a combined $160k.Our end goal is to have r...
Mike B.
Independent landlords.. How do you collect rent??
Hi all
Was curious for the independent landlords (those acting as their own property manager) what's your preferred method for collecting rent and keeping costs down at the same time. I previously used an electronic ...
Bret Weigel
Attic Insulation on Rental - Install or not?
Hi all, I had some tenants move in last month to a 3/2 SFR (I just closed on the property a month prior) and I really like them a lot. Good people. Anyways, the first day in, we realized the hot water heater needed re...
John G.
Help. Mortgage says LLC is a no-no!
Hi all,
I'm purchasing my first property (Milwaukee) and asked my mortgage broker (Chemical Bank) about transferring the deed after the loan is secured. He said I can't do that. And that I'll need commercial lendin...
Sunghee Shin
Section 8 Investment in Detroit Michigan
Hi there (new to BP here),
Anyone do section 8 rentals in Detroit, MI? If so, does anyone use PM to manage the properties?
Soon, I'll have some capital to invest in RE. Been really interested in investing in prope...
Eliott Elias
Is BRRRR really a good strategy?
You end up putting as much time as you would towards a flip, and instead of making 50k you cash flow a few hundred bucks (that's wiped out after one roof replacement) for "infinite returns" When you could've spent the...
Daniel Mendez
The good and bad of turnkey properties
Hey BP,I am looking into purchasing my first investment property out of state. Most likely in Indianapolis, Indiana.I am currently debating on whether or not I should start with a BRRRR property or Turnkey property.Ho...