Kevin Hoodwin
First Deal Done at 21 Years Old!
Howdy BP Community,Recently, I finished up my first deal. It was an owner financed wrap around sale. It's in the Dallas area. I now have an originated note for the next few decades!Details:Bought for $187K with a 2...
Glen Wiley
mange yourself or use a PM
I see a lot of talk about the importance of hiring a property manager (PM) rather than self managing. For 20 years I have managed my own properties so I wanted to offer some thoughts on the advantages of self managing...
Steve S.
Powerball Winner? What would you invest in?
If I won the Powerball tonight I would invest heavily into value add and high performing Multifamily projects. Rent no matter what will always be in demand and when you setup a solid, high yield rental portfolio you w...
Travis Lauchman
Hired Help for Multifamily Proforma?
Good Afternoon All!Does anyone have a multifamily profroma that they'd be willing to share and walk me through? I want to become an expert in analysis of larger deals as we are steadily increasing our single family un...
Cal C.
Penny wise and Pound Foolish- Vacation Rentals Outer Banks
I spent the long Christmas weekend at the OB. While there we looked at several properties. It became very obvious that some owners were either unable or unwilling to spend on anything but basic type furniture and re...
Dj Pride
How Much $$$ to Replace Old Stoves and Heaters
Hi!So I'm looking at buying my first property. I just walked through a few homes with my realtor. One of the properties that I looked at has these old appliances: How expensive are these installations to replace with ...
Abe B.
Bank Accounts + Landlording
Hi there,
I'm about to close on my first property (6 doors) and am realizing that I don't know how to collect rent in a convenient fashion for the tenants. I have been told to use Baselane so that they can ACH transf...
Tom R.
Do any of you play the lottery?
I stopped playing the lottery a long time ago. Even then I only played the large jackpots. I'm finding myself tempted again. There are two huge jackpots right now totaling 2.6 billion dollars combined. If I won eith...
Ana Hyler
Materials for re-habbing ... Buying in bulk ?
I’m thinking about buying some materials in bulk for the projects I have. Doing that I started researching and came across some nice products from China at good prices…I just don’t know if shipping will through ...
Roshan K.
Appraisal coming in low, how to dispute?
I have a house that's under contract. I'm buying it at $150,850 (motivated seller) and 4 years ago it sold for $187,500. It is in the same shape as before.The appraisal came in at $155,000 and will cause me more than ...