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Reposting this in a bigger forum for feedback:I own 7 condos in a complex close to a local college. They were all bought for under 100k and are worth 150k now. My uncle who invests in property says I should post 2 of ...
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Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
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I got an interesting question from a 25 Year Old the other day and I thought I would post the topic here to see what others thought of my advice and what I got right /wrong.My first thought after hearing the question ...
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Hi Everyone! I'm newer to BP, the forum that is, but I've been a huge fan of the podcast over the last year and a half. I've learned a lot and I'm grateful for the platform! I'm interested to hear from different peopl...
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One of the biggest psychological obstacles that I have come across since I began my investing life recently is the fear that is reflected off of my friends and family. They fear that we will fail in our investments an...
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This is a very odd post. A "friend" of mine purchased a property with a 5% residential loan. The buyers broker told him that there were tenants in the property but would be out within two weeks after closing. The buye...
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Good evening everyone, I have this tenant who pay electric herself and our heating system uses electricity. So she is paying for her heat.She complaints to me entire winter the room is too cold and we have send super ...
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My big dilemma is the 2% rule. I see and hear everyone talking about it, and I am jealous of the ROI they are getting, but I have a few issues with it.
1. I really don't see this being possible in my market, not wit...
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I am looking to purchase a duplex as our first rental property. One of the units is currently rented by an 80 year old woman that has lived there almost 40 years. She's currently paying less than half the market rate...
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Hi all! Newbie here. I just purchased my first rental property and am in the process of looking for a good PMC to manage it. I spoke to 3 PM companies, 2 of them being RE brokers and property managers. This is my firs...