Kwambe Smith
Chattanooga TN Rentals
Good morning BP members I'm looking to close on a rental in the Chattanooga TN area next week. The research that I've done the last few months show that the rental market is ok. However, with the recent developments i...
Alex Ficco
I Can’t Find a Deal! This Isn’t Working!” Yep… That’s Why It’s a DEAL
This post could be a book so I’ll try to keep it short, but one thing I hear allllll the time at my monthly real estate investors meetup here in Reno, NV is “I Can’t Find a Deal!” or some variation of that.
I’ve ne...
Mark Maire
Possible first deal
Found a 4BR/2BA on MLS for $136,000.
Principal & Interest: $557
Taxes: $94
Homeowners Insurance: $55
MONTHLY HOA: 30
Only rents in the area are 3BR/2BA for 1350-1450
I will go with 1450 market rent.
Home needs c...
Andrew Kim
Cash for keys and possible eviction in Atlanta, GA
I own my house, and have two tenants in it. One tenant is a major problem. Late rent and utilities, smokes a lot of marijuana in his room, loud when we're sleeping, and the list goes on. I gave him his 45 days notic...
Hilary Hageman
First Rental - How to set rent, Property Insurance
My husband and I just purchased our first investment property: a 3 Bed, 1 Bath, 1075 sq. ft. single family home in Niles, Michigan. The asking price was $55K, we bought it "cash" (Home equity loan financed, $1,000 do...
Glenn Barlow
When to move on up to Class B
Hi BP fam, Currently, I am working in all Class C properties (duplex/tri/quad, and soon to be 24 unit MF property, also Class C). I hear horror stories online about people talking down Class C and saying that cap rate...
Michael Carbonare
Sometimes It's Better To Be Lucky Than Smart, Or How I Made $30K On My First Deal
30 years ago I closed on my first real estate deal. It was a foreclosure, owned by the Resolution Trust Corporation. The RTC was a federal agency created in 1989 to resolve the Savings and Loan Crisis of the 1980s, wh...
Jeremy Porter
Navigating Financial Challenges with Empathy and Solutions in Property Management
As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly. Whether it's due to changes in personal circumstances or unforeseen issues, addressing these...
Jeremy Porter
Managing Additional Expenses: A Property Manager's Guide
As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly. Whether it's due to changes in personal circumstances or unforeseen issues, addressing these...
Yves Bourdeau
Submitting many offers at once.
I've been watching Brandon Turner videos and I've heard him say something like "This week I want you to submit 10 offers or x amount of offers" My question is, how is this done? I guess it would come down to what co...