Marcus Johnson
What happened to the 2% rule
Just prior to my first real estate investment in 2014, the 2% was heavily promoted by Brandon Turner. Then more recently it was lowered to the 1% rule. Now the current staff are promoting around .8%. So interesti...
Lupe Santiago
Licenses to do Hard Money Lending - California
Hello,
I'm doing some research into starting a hard money lending business in California. The loans would be first trust deeds on non-owner occupied residential property (lending to RE investors) and the business en...
Jordan Meyer
Why do property managers charge 8-10%?
In a day where technology is pushing down transaction fees for purchases (i.e. Redfin, Homie, etc.) is this happening in property management anywhere? It seems like there should be a tech-first property management com...
Jason Graves
Helping 15 year daughter buy first house. Wife’s not a fan
Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
Juliette V.
Best advice for someone who wants to invest in RE and needs to build retirement and get cash flow
I'm starting my RE portfolio, and I'm very excited but I'm also overwhelmed. I currently have a 250,000 loan which I am going to invest in Nashville-this summer. Very soon. I'm moving to Nashville this fall, and I'm...
Sigmund Reboquio
No offers on my house :( Help
Hello guys, My second day here at BP and Im loving it!Can you please give me some feedback as to why there were no offers on my house?https://www.redfin.com/CA/Fremont/3019-Paine-Ct-94...I know that most likely the an...
Josh Polston
Tenant Refuses Stove - threatens to withold rent
[punchline at the end] I have a legacy tenant that has been living in the building since purchase (7 years ago) and they recently killed their gas range with only one of 4 burners working. When they notified me it wa...
DJ Cummins
To LLC, or not to LLC, that is the question
Hello Everyone!
So we are trying to start getting our ducks in a row before we start shopping for our first property. I don’t want my wife and I to fall in love with a deal and jump on it before we have everything r...
Sarp Ka
Where to invest in 2021 as an out of state
Hello there,I am looking for area suggestions for 2021 second half.I would be into areas where the crime is not high, population has stable and mid-class income. B class neighbors and tenant pool is what I am after.Be...
Charles Ngansop
NICE TENANT BUT ALWAYS LATE OR BEHIND RENT PAYMENT
How would you handle a type of Tenant that keeps your property nice and clean, treats the Landlord with all deserved respect, but is always behind on Rent?