Nikki Closser
HELP US! No rent to be paid for more than 6 months in Seattle!
Seattle passed a bill that extends eviction protection for renters for 6 more months. So, basically you don’t have to pay rent for 6 months AFTER the city reopens. This could absolutely wipe out small time landlords l...
Christopher Morris
Is Relying on Cash Flow Feasible?
Listening to all of the podcasts and reading the BP books / Rich Dad Poor Dad types makes it seem like building a portfolio and scaling smart could lead to early retirement and living on cash flow that ultimately repl...
Dan Beaulieu
35K Profit on my first flip! Before and After pics!
It is possible after all! After months and months of learning, I decided to dive in to the world of flipping. After a month of searching and offering on properties, I found the winner. I bought it off of the MLS (10 o...
Kurt K.
Deal Analysis.
Hi everyone. I'm new to BP and new to REI in general. I'm looking to do my first deal and currently have an offer in a 6-unit multi-family house. Seller asking $140k with gross profit of $31k and net with $19k(w/o dep...
Glen S.
Kent Clothier wholesaler system
Has anyone used the Kent Clothier system for finding deals? I am looking for the best techniques for buying wholesale properties. I am in NCGlen
Nettles Mason
Rent Price in relation to Option Fee
ARV 99,990
PITI 600
We have a 3yr lease with option
Our Option is Loan Balance at time of Closing. (currently 90,500)
I have a tenant buyer who agreed to to put down 5k and rent for 900/mon...
Erin Hong
Does a 40% Down Payment Ever Make Sense?
Hello everyone! My husband and I are investors and have 3 doors in Los Angeles - all LTR. We're interested in STRs, but given the current interest rates are nervous about having to keep an STR afloat if/when the prope...
Account Closed
Speaking of Credit Scores -At What Number Does A Score Scare You?
I didn't want to derail the other interesting conversation about credit scores, so thought I'd pose this as a separate question.When I was renting to mainly techies and students, they often had no credit at all. Ofte...
Jay Hinrichs
The 2% rule kills values
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
Venkat S.
Memphis Turnkey Out Of State investor Nightmare experience
As an out of state investor I chose Buy Memphis Now company over others for my first turnkey rental property purchase and I am now repenting my decision. They sold to me a property that are having break-ins from Day 1...