Bob Beach
Property Managers, Red Flags?
We have one rental in Jackson and now on our second property manager. First was Evernest, (never again). Now, a Mom and Pop style PM. I don't want to say who since I'm not 100% sure what's going on. First red flag, th...
James Wise
TENANTS FROM HELL #3 Move outs from hell. PICS INCLUDED
TENANTS FROM HELL #3Move outs from hell.Running one of the largest rental portfolios in the Cleveland, Ohio area I have managed 1,000's of properties & dealt with countless tenants. In short, I have seen it all. F...
Scott Hensley
8 unit under contract! Due Diligence advice?
Hey BP!I now have an 8 unit property under contract in North Carolina. This is my first commercial purchase and first multi-family. I would like to hear from the community any advice, tips, or lessons learned for th...
Ashley Wolfe
Do you inspect each and every property?
We just had our first accepted offer on a house that I knew would have some underlying problems. After the general home inspection, we discovered WAY more than we were willing to take on for our first rehab/rent so w...
Eric Keller
FINALLY I am a investor! Purchased first flip
Hello BP,
My name is Eric and I am from St. Louis, MO. I have been lurking on BP for about 3 months now and wanted to share my story.
Graduated college a year ago and found myself working crappy j...
Caleb Rigby
Flipped 5 houses in 8 months - but lost money on 2
I haven’t posted in a while, so thought I’d share what we’ve been up to. We’ve flipped properties 3 through 7 since February and are in the process of buying two more to fix up. What value can I give to anyone that is...
Ariel Tobi
Is it normal that PM gets 13% of all repairs and rehab?
It sounds weird that the PM's business is against the landlord's interest. They need you to spend money and you try to save... It's sleeping with the enemy part 2. Is this rights?
Gordon Olson
What Do Private Lenders Gain?
I just started reading the BRRRR book by David Greene. MIND BLOWN! Up to this point I had only considered the traditional way of borrowing money through a mortgage company.
I am a newbie and am looking to not only p...
Andrew Major
Markets, and New Beginnings
Like many of you, I recently read Rich Dad, Poor Dad and want to make a change to my life. I am currently an Army Officer in the Logistics Corps. I have 3 years left in my military contract but would like to start o...
Account Closed
Historical homes
What are people's opinions on purchasing historic homes? Living in Upstate NY there are a good amount of historical homes (particularly brick) and I think it would be great to have some in a portfolio. What are some i...