Paul De Luca
Anyone else getting fraudulent applications?
I have a unit listed for rent in Chicago and I've received several highly suspect or fraudulent applications. Evidence indicating fraudulent applications includes:
-mailing addresses that don't match applicant's empl...
Carlyle Campbell
Sight unseen offer
Hey guys, I have done a few deals but still wet behind the ear. I need some advice here. I live in Virginia where I reached out to a home owner who lives in another state who has a house that has been unoccupied for o...
Leon Lee
What is current CoC for STRs with and without 7% interest loan
Hi, Fellow BPersI recently read "Long-Term Wealth" by Avery, which mentioned a 25% Cash on Cash (CoC) return, and it seemed extremely optimistic compared to current standards. I'm curious about the CoC returns you're ...
Inna Young
Illegal Tenant in the Property Purchased
On August 29, 2019, my friends had a closing on theirs new investment property. Right after the closing they tried to get in and discovered the original lock had been removed. They found parts of the old lock on the...
Shravan Gali
General Contractor I used scammed me
Hi BP Team, I am looking for some help/suggestions in regards to the situation I am in. I am an investor from CA and I bought my first investment property in Columbus OH and the realtor I used to get the property reco...
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
I want to talk about my experience taking Rich Dad/Elite Legacy Education's three days Real Estate workshop. The conclusion: it's a scam. The purpose of this post is to alert people about this $35K scam (since BP has ...
Travis Turner
2% rule -- Unicorn or possibility 🤔
I have read and seen others saying that the 2% rule when purchasing a buy and hold rental is too good to be true and is to be avoided.I have recently seen a few places on wholesale websites that are well over 1% and s...
Scott W.
A&E's Flipp'n Brother
Rob KAnother dumb-ass flipping show. Seriously, just hire rob k to do it & the others shows will be outta biz.
Kate B.
Rent by the room - not much interest!
I am renting by the room and having a very hard time getting interest to fill 2 empty rooms. I dropped the room price significantly and its lower than what the current tenants are paying. Utilities are included, dogs ...
Ali Sheik
Buying out of state
I am in California and looking to possibly purchase my FIRST investment property. Property is in Florida Tampa area. 8 unit $450k. Is this ill advised? Would you buy a place sight unseen? Would paying for an appraiser...