Steven Smith
Purchasing A 4 Unit Property With Negative Cash Flow. Bad Idea?
Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...
J. Martin
Negotiating Purchase of Vacant Lot in Bay Area tomorrow. Advice?
Going to try to negotiate the purchase of vacant lot tomorrow. Any advice?I’m meeting the owner of a vacant lot tomorrow to try to negotiate the purchase of a vacant lot in the San Francisco Bay Area. It’s a killer pr...
Wendell De Guzman
Newbie Wholesalers - don't be THIS Guy
During my closing today - I wholesaled a house in Zion, Illinois and made $5,309.84 - my real estate attorney approached me and introduced me to a real estate agent - let's call her Pam. I can see a sense of skeptici...
Dan Gheesling
Detroit - What are your thoughts / questions / fears about investing in the City of Detroit?
When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...
Christian Belleque
Need a quick analysis PLEASE!
Hey everyone, I found a duplex that needs some work but is in livable conditions. One unit has 4 bds, 1 bath. the second has 2 beds and 1.5 baths. Unit 1:4 beds 1 bathroomRent=1450/monthUnit 2:2 bed1.5 bath. Rent=1150...
Nathan Gesner
Do you include a regular rent increase in your lease?
My lease includes an automatic increase of 3% every year. Do you include a standard rent increase in your lease or do you play it by ear every year?
Scott Trench
National Newspaper Wants BP Community's Input!
A reporter from a national newspaper that you've all definitely heard of reached out with some questions for me. She told me that she wanted to hear from some REAL investors, and I told her that I know just the place!...
Steve Hodgdon
My 1st NPN
I'm new to note investing and decided to take a learn by doing approach. I own some commercial real estate, ran a property management business for a while (ugh!) and owned a collection agency for 17 years. So distres...
Mark L.
Duty of your agents, bad house purchase
I purchased a house a couple months ago, and paid at the top price or a little over for a supposedly move in ready home. I had an agent/broker, home inspection and appraisal. I haven't been able to move into the house...
Stephan Kraus
0% Seller financing - for WAY MORE than the property is worth? 🤯
Ok so this is probably not going to be an easy read, and i primarily write this down to make sense off my own thoughts, but i thought why not let a few of the great BP minds participate and maybe together find a satis...