Jon Klaus
Other People's Money
For those who use OPM as much as possible, why don't you use your own money more? How and where do you invest your own money? What level of return and risk do you target for your own money?
Joshua D.
Tenant Suicide- Please chime in.
We had a tenant that committed suicide in one of our units. He hadn't paid rent this month, and we became concerned after 10 days went by. We posted a Notice to Pay Rent or Vacate on the 10th day, and never heard bac...
Shane Pawich
Should I own my own home before I start investing in rentals?
So I don’t really think I want to own my own home just yet. But I really want to get involved in real estate . Can i hear some pros in cons about this situation? I don’t want to buy a rental home and then not be able ...
Thomas Richardson
Help me see if this is a deal
Can someone please help me evaluate this deal? its meeting the 1% rule easily and it seems like it should be a good deal but the way I am running the numbers it doesn't seem to make sense but not sure if I am running ...
Steven Lange
Usury Laws and Unlicensed Private Lenders
When does a private lender cross the line? When does your need for the money to get the deal through get outweighed by the inconveniences a private money lender sets forth in your terms. My partner and I are at odds o...
Marcus Perkerson
Realistic ROI from self storage facilities
I have about $70,000 to invest in a self storage facility. Could someone let me know the ROI I might be able to achieve? I have a background as residential landlord. I'd like to remove residential tenants from the ...
Rachelle Bisaillon
Newbie to Screening Long Term tenants shady screening
Hi AllI am a STR expert but new in the long term rental game. My previous LTR were professionally managed and Im trying to do it myself this time.Questions: What kind of application do you have them fill out?What tena...
Donald Placide
Purchasing multiple rental properties using FHA
Hey BP family, as I stated in my goals, im trying to figure out how to build a large portfolio of rentals (for rental income of 5k+ monthly)in the NJ/NY area.My situation; I've been making 40k a year for the past 3 ye...
Tanner Westerheid
Buying a Condo to get started?
I am currently 24 living in Denver. All of my family and friends live here and I have an amazing job I do not wish to leave. I have been following BP for over a year now and really want to get started. Here is my ...
Mark Betche
What is your formula?
What is your formula for making an offer?
Do you have a specific minimum for ROI?
What factors do you consider to determine your offer?
As a newbie, I expect that I would attempt to buy a property below market value,...