Hello BP Community,I recently started a new direct mail marketing campaign in my Chicago market and wanted to sort of chronicle how it turns out. I actually wanted to post this the first week, but I gave it a little t...
Hey BP,
My wife and I are under agreement on our first out of state single family property. We’ve established a team on the ground to help us with due diligence. We are looking for advice from experienced investors t...
I own a 2004 pickup truck with 175000 miles. I just took it to the shop to get a repair quote. It’s about $2000 for the main repair. There are a few other smaller things that need repair as well.I have the cash to buy...
Does Zillow's value range come close to being accurate? I know the Zestimates are wrong. I'm just talking about the value range in the charts and data section right next to the Zestimate. I'm looking at house right no...
Hi BP Community!After reading “Set for Life” & the “Cash Flow Quadrant”, I’ve cone to the conclusion that my current job has me TRAPPED!I’m only in town 8 days a MONTH with my current job & would love to chan...
I self-manage a few properties remotely and I couldn't find an affordable solution for managing my properties. I like buildium, but $150 / month is expensive. I also tried out hiring property managers but 10% of rent ...
Here is quick situation. MFH went on market. Few days later it was under contract. Buyer did inspection and then cancelled so property is back on market now. In the MLS, the inspector's report is attached showing deta...
I have had tenants tell me all manner of stories to explain why they were late with the rent. Sometimes, my empathetic side comes forward and gives them a free pass. I know that I must surely have been hoodwinked befo...
I recently went through the full process of acquiring a property through Roofstock (www.roofstock.com). I haven't seen many reviews out there on them, so I wanted to provide one myself. My deal fell through at the las...
To the group: As more and more "deals" cross my desk and I perform underwriting, I find that the vast majority of these deals are simply overpriced offerings - even in lousy locations, Cap Rates are around 3-4%. Mos...