Account Closed
Do you know where you are personally?
How many of you are aware of your personal balance sheet? While, I don't worry about pennies, I do track my balance sheet.
A personal balance sheet is slightly different than a business balance sheet.
Major Elemen...
Yu Chen
tenant paying 1 year rent in full, good or bad?
Hey everyone,I just recently bought a rehabbed property in KS, MO. my PM just informed me that someone is interested in renting the property. This individual just hit a jackpot and wants to pay the one year rent upfro...
Nicole Pettis
What are your thoughts about REI?
Is it smart? Is it high risk? Will you go bankrupt? Is staying with your 401k's and mutual funds the best way to retire?
The reason why I bring up these questions is I had a big discussion with my father in l...
Chris Gerenser
Does Turnkey eat up too much to be a viable strategy?
Just starting out and am leaning towards Turnkey in Indianapolis and then branching out into other markets. I'm interested if others have used Turnkey providers effectively to build large portfolios. @Brandon Turner...
Matthew John
Can you Properly Analyze a Deal if you can't see Inside?
I'm trying to analyze a triplex that's for sale, but the units are fully rented out and the owner wants a written (and accepted) offer BEFORE scheduling a time to see inside. He then said, to go inside I need an "insu...
Tim Ivory
Do I Need A Brokers License To Assign Lease Options?
I need your help with something and I’m having a hard time finding help at the local level. Some people say it’s legal, some say it’s not, some have ideas on how to make it legal, which I’ll love to here and will addr...
Account Closed
Where is best area of country to buy income properties?
Hello, I live in NY but open to any area of the country. What is the best area to invest 100k in capital in income producing properties? I know this is a open ended question, but where do you see the best returns?
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Raven Parmer
Does one-of-a-kind design have a place in flipping?
I have a background in architecture and a real interest in design. My dream is to flip houses, but I want them to be unique and thoughtfully designed. I love the idea of making something better. I watch all the flippi...
Nick Doria
Looking for the must haves when Creating Landlord policies.
Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...
Marty G.
Deciding to self manage
Hi BP community!I have a few properties that I have had managed by a PM company. I used to self manage and when I changed jobs, that required a lot of overseas travel and I didn't feel comfortable having family deal ...