Waylon Themer
Rookie Mistake: I Lost Money to a Wholesaler
First of all, I'm not a rookie, but I behaved like one, and I write this post as more of a cautionary tale rather than an attempt to seek advice. I know I should have done more due diligence, and I know what my optio...
Jon Q.
Your future as a worker looks bleak.
Technology's impact will not be an immediate end of jobs, but an increasing stress on wages and work environment. You will continue to be paid less for doing more.Owning income-producing assets (real estate, business...
Dion DePaoli
Loan Investing....do you even workout, bro?
A humorous tag line but a series topic. (grab a soda, this will take moment)One of the things that I like most about BP is the ability to come here and talk at varying depths about something that I am extremely passi...
Trevor Lohman
Is Southern California really that bad?
Hi everyone,
I'm a new BP member living in southern California. I haven't quite found my niche yet, but I find myself being really drawn to the buy and hold type of investing.
It seems like buy and hold...
J. Martin
Using range of expenses in your profit / ROE estimates?
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Clara Tang
Big headache - tenant won't move after lease expired
She told us she would not renew the lease in Jun as she bought a house and would close in July. However, on July 30th, she said her closing date was postponed to Aug 9th and she wanted to stay until Aug 10th.We found...
Nicole A.
Not paying rent affecting my goals
This is more of a vent than anything.
So the first month with a new tenant has come around and I still have no rent payment. We set it so it was due on the 5th and late by the 10th; The renter wanted to pay r...
Faisal Farnas
Caught Tenant Smoking Weed
Hello,Looking for some advice here. I am not sure what to do. I live in one side of a duplex and renting out the other side. There is a shared laundry room. My current tenants have paid on time every month, and every ...
Daniel D.
Raising rents and feeling guilty??
Hey Everyone, I hope i put this in the correct category.
I generally do not do yearly rent increases on my properties if the tenant is clean, pays on time, and is overall a good tenant. I might raise 2% every 2-3 ye...
Erika Andersen
Advice on working with a home buyer's RE agent using an hourly rate?
Hi Savvy Folks! We have some real estate experience - home purchases & managing rentals. We're interested in a primary residence home purchase using a RE attorney and hiring a buyer's RE on an hourly basis. Does a...