Account Closed
How far below market do you keep a good long term tenant's rent?
I have kept rent very low on one of my units because it needed work. I'm getting work done now and would like to bring it closer to market. I'd love feedback on the following:Tenant has been great for 15 years. His ...
Sean Rooks
My 1st BRRRR a base hit!
Just finished my first deal, a BRRRR triplex in Norfolk, VABUY: 2400 sqft triplex:1) 1bd/1ba 550sqft @ $550/mo2) 1bd/1ba 625 sqft @ $600/mo3) 2bd/1ba 1250sqft @ $800/moPurchase Price: 136kRehab Budget: 60kExpected ARV...
Paul B.
Why are there so many ex-engineers in REI?
I've been a landlord since 2008, but only about six months ago did I decide I wanted to get more serious about real estate investing. I'm an engineer by day, which is why every time I hear an investor or a guru say th...
Christian M. Conroy
How to Go from FHA 3.5% to 20% Realistically
Hi all, My partner and I plan to buy with the broader DMV area with the intention of moving in around March, 2024 when out rental lease ends. We're giving ourselves a good lead time to do all the necessary research an...
Hae-Yuan Chang
Subject To vs. Lease Options
Hey everybody!I am going to reach out to some landlords this week to make a few offers. I'd really like to weigh both Subject Tos and Lease Options, and how to know which is better for which situation. Some thoughts t...
Wes Blackwell
The Future of Phoenix Short Term Rentals (AirBnb)
At least once a week, I got a message on here from an investor looking to buy a condo or townhome to use as a short term rental for AirBnb in the Phoenix Metro Area or Flagstaff.Having discussed the pros and cons with...
Lori Goldsmith
Gas Stoves to be prohibited in New Builds - California
I’m not just a REALTOR®, I’m a gardener and an avid cook, so this news isn’t resonating with me, as I prefer gas to electric cook tops. How about you? Which do you prefer? Thank goodness it will only apply to new buil...
Cory Mccarthy
Historians Perspective needed - RE crash of 2007 -2010
I would like to hear from several of the historians here that went through the most recent housing collapse back in 2007 through 2010 regarding what happened to their buy and hold strategy in that kind of environment....
Timothy Howdeshell
To MBA or Not to MBA
Hi BP,I have been an avid consumer of real estate books and podcasts produced by BP. Therefore, I really value the type of thinking common among our community members. This post is asking for general advice and strate...
Chad McDaniel
Passive income Ideas?
I once read (or heard) that everyone should have at least 7 different forms of passive income. Other than real estate, What are some of you doing to create passive income?
I currently own and opperate a small vendin...