J. Martin
Using range of expenses in your profit / ROE estimates?
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Tomasz Banas
Bank's unethical techniques - what to do?
I got one condo under contract (buy & hold). After receiving the condo questionnaire I found this condo is a non-warrantable. I was able to find a local bank by searching for properties that closed in the same com...
Jia Lin
Tenant Threatening Legal Action For Landlord Responses to Repairs
Hi All,Need some insight regarding some issues I'm experiencing with some tenants. I had a couple move in to my townhouse and in the few months they've been here there's been a series of repairs that were needed for t...
Eric Fitzgerald
How Do You Manage Your Money?
Hey everyone,I am graduating college in a week or so, and want to be prepared to budget effectively as I start getting real income for the first time. I'm curious as to how you manage your money, any apps you use for ...
Ron Biggs
Don't Use Private Money!!
Bet that got your attention! Don't get me wrong I am a huge believer in using private money but I would recommend that newbies not use it!WHY?! You may ask! Private money is great and will take you far but if you are...
David Hodge
Looking for Orange County mentor to prove me wrong
My wife, @Sara Hodge, and I have been on BP for around 6 months now. We own our primary residence in Orange County, California, but due to the high prices, we decided to invest out of state. We now own two rentals (...
Josselyne Lugo
Wholesale Owner finance.
Hi BP!I have a question for the more experienced wholesalers out here. I have a home under contract and my seller is open to owner financing. I have a cash offer on it but it is taking a bit longer for me to sell this...
Minuit Spence
I have 1,500 and a credit score of 568
So I have $1,500 and a credit score of 568. How would I go about finding my first rental property. I’m a new investor with no real experience. What are some tips and to help me get on my way.
Amy W.
Should I renew a habitually late tenant that pays the late fee?
I currently manage 8 rental properties in Grand Rapids, MI and all of my tenants habitually pay on time except one. I've had her as a tenant for 9 months now and she has only paid on time twice. Her credit wasn't terr...
Patrick Meade
Seller running into problems with investor
Not sure where to start.. I guess I’ll start by staying this happened in Texas, and my family lives in Colorado. I was transferred to Texas for work on a two year contract leaving behind my family to persue my career...