Ladd McClain
Partnerships with Friends
My wife and I are teachers and over time have leveraged ourselves to several medium term rentals in the sweet spot between two hospitals. Nurses mostly. We've been self-managing for several years and have that dialed ...
Rall Hanna
drug dealer in home
Please assist....I have a drug dealer for a tenant. I actually saw the person dealing. My immediate reaction was to call the police and evict him. Then...several things came to my mind.
a) If I have him arrested,...
Mike Boss
Should I get a real estate license?
I currently work as a self employed business owner and have made over $100k for the past two years. I found a niche that has worked so far, however I don’t think it’s something sustainable or will last forever. I have...
Yun Han
Negative Cash Flow on Rental Property - Hold or Sell?
Hey everyone!
I wanted to get some advice about my investment property. So, in 2020, I bought my first house with only 5% down. I put in a lot of work and made some improvements while I lived there for a year, which ...
Heidi Nikolai
Cash flow vs building equity with STR's
Hi all,I am looking for advice on STR's and cash flow. I bought my first STR two years ago and did very well my first year and a half. However, now the STR market in my area is flooded with inventory which drove down ...
Manas M.
Compensating tenant for broken refrigerator
Hi BP Folks,One of my unit is rented out to a tenant with a refrigerator. Recently, the refrigerator broke down and we got it fixed in about 10 days (the earliest we could get a technician to the house). Now, the tena...
Vincent M.
STR in the Smokys - Expenses
Hi again, Trying to pick up some of my research in the STR market in the Smoky Mountain area. I am putting together a spreadsheet with some costs to help understand a the end game a little more - i.e. cash at the end...
Brandon Becsi
Refinancing low income properties
We purchase low income properties for between 10-35k and use them as section 8 rentals between $700-$850 per month. I know that banks dont like doing traditional Mortgages on properties under 60k ish but what about re...
Benton Moss
Making the jump from SF investing to CRE investing
Hello BP community! Hope all is well with everyone. I am a newer investor from eastern North Carolina and have completed my 4th SF rental deal as of December 2016. I have all four units rented and cash flowing nicely ...
Jeremy K.
Is this a bad idea?...
I'm thinking about taking out a $25,000 P2P loan (Lending Club, Upststart, Prosper, etc) at 6.9% interest rate for 36 months, and then investing in a note fund with a pref return of 10% for 36 months. I've put it in ...