Lauren Garcia
Help me analyze deal in Mcallen, Texas!
Hi! Newbie here. I am 24 and am in my option period of a three bedroom house in Mcallen, Texas. This is my first time investing and I want to make sure this is not a horrible deal. The house was built in 2001 and is a...
Dan Graney
Appliances
Bought a duplex and I need to put appliances in. Was wondering whether I should look for used on Craigslist or buy new. Thinking with Black Friday coming up I might be able to find some good deals on new. looking for ...
Stephen Jones
Back and forth on whether to raise rent
BP,I am struggling on whether or not I should raise rents on about 20-25 units out of my portfolio. Where I'm located (southern state of IL) rents have kind of tapered a bit, and I realize how tough it is out there ri...
Matt Kowske
Doing turnovers -- whats "standard" for property management?
Hi all,We are going through some challenges with our property management company and wanted to get some opinions on how turnovers are generally done. It is their policy that they wait until the tenant has moved out, t...
Account Closed
Cabinets for a Flip - Cedar Rapids
Local Investors,We are needing new cabinets for our flip. Can anyone recommend a cabinet maker/gallery/store locally for flippers on a budget?Looking in Marion, Cedar Rapids, even Iowa City.Thanks!
Nicholas Varner
Unlimited Passive Losses as a Real Estate Professional
In my last post of 2015, Top 5 Reason to Buy Real Estate Not Named Cash Flow I brought up some reasons that investors may consider real estate a potentially sound investment due to other reasons than cash flow. Before...
Stanford Neal Mead
How To Approach A Potential Partnership?
Hello!
We’ve been approached by a potential partner for a flip we are considering. My wife and I are still relatively new to this business, and we want to make sure that we’re taking all of the necessary precautions...
Ayo O.
Protection of rental units from damage
I was wondering what everyone else is doing to protect their rental units from damages by tenants.I typically collect 1 month as security deposit and require tenants to carry rental insurance policy( which most don't ...
Breanna Bobadilla
First Investment Property
Hi BP! I am in the process of buying my first property in Philly using an FHA loan. I found a 2 unit property I liked in an up and coming area of Point Breeze. The prices for rent in the area is lower than I anticipat...
Chris LumLee
Is there any hope in Detroit?
I had some investments in Detroit- a SFR and a loan. Both of them I'll say that I lost my shirt. Between shady business people (what I felt to be) crooked property management companies, and some of the rumor and innue...