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We’ve all heard the saying, “It’s better to bet on the jockey than to bet on the horse” because a good jockey can make a bad horse run fast, and bad jockey can make a good horse run slow. The same is true when lookin...
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Hi Everyone,I bought a MF property about 2 years ago and made the rookie mistake of going out on the limb for a family falling on hard times. Long story short, there were issues with the tenants, and I eventually got...
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Last night I planned on replacing the spout on the tub at my residence (easy job right lol) and after taking the old spout off I realized that the galvanized 1/2" nipple sticking out of the wall was badly corroded and...
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I recently put down an offer on a property and it was accepted. As I was doing my due diligence, I got a called from a seller (also a RE agent) and told me she does not want to work with my attorney because of a known...
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I have 300k and looking to turn it into 4-5k monthly net cash flow with SFR or mulitfam rentals. Am I crazy or this a reasonable return.
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Hi everyone - I would really appreciate some advice since I am considering a career change. I have been a travel agent for 15 years and as everone knows it is a very frustraing, unprofitable business. It has served it...
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I am asking this for someone else. An elderly woman was allowing a temporary guest to stay with her. The women was homeless and living in a hotel with her 8 year old daughter. Homeowner she felt bad and offered a temp...
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I need help overcoming the limitations of conventional loans. I have seven Fannie Mae mortgages, so my ability to fund tree and four plexes is limited. Portfolio lenders appear to be non-interested or provide horrib...
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hey fellow rei's. my name is Michael macklin. I'm excited to be a new member of BP. My beautiful wife introduced me to this site after learning of my desire to become a real estate investor. I'm new to the Raleigh...
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I'm under contract on my first multi (yay!!) and I'm setting up my accounting. Is there a number you like to set aside as cash reserves for cap ex and repairs? Is there a number per property you like to leave in the...