Edward Stephens
Goal Achieved: Leased My Master Bedroom to a Great Roommate
BP Family,Yesterday I successfully leased the master bedroom of my home. I know that doesn’t sound as sexy as leasing out an entire house to someone, but I did learn a lot in the process.Late last year I purchased a ...
Nevin Ashley
Made over 80K on Flip after going over budget by 27K
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $159,000
Cash invested: $22,000
Sale price: $330,000
1959 Single Family home on 4.2 acres with lake. Complete ...
Ming Liu
What happens if tenant stops paying rent before lease is signed?
Hi, anybody knows what happens if the tenant only paid deposit and first month rent, moved in and stopped paying second month rent when the landlord hasn't got a chance to sign the lease yet? The tenant signed the lea...
Tim Wilkinson
sellers attorney asking for more EMD after several days?
There was a goof up with the first EMD check and it was returned by the bank on a purchase. As soon as we recognized it we called and said we would bring a cashiers check to replace it or they could just put it throug...
Troy Forney
Sell it or rent it?
I have purchased 5 properties in the last 2 years. Of those 5 I have completed one successfully with the BRRRR strategy. We currently have 3 solid rentals. The last two were intended to be be done as a BRRRR's, howeve...
Lee Huffman
New to site - ramping up my activity
Hi, I am new to BP after a recommendation to the BP podcast by a financial blogger friend. I've enjoyed the podcasts, so I wanted to try out the site.I bought my first rental in NC in 2006 after I sold my house in Or...
John Brinson
Should I invest in Washington DC or Bremerton WA?
Hi im John, soon to be an investor. I have a few questions wonder if anyone could help. So im in the military, with 3 years left on my contract. I will be stationed in Washington, Berminton for 16 -24 months. Im from...
Julie Tonioni
[Calc Review] Help me analyze this deal
Hi Everyone,This is my fourth real estate purchase. Unfortunately I think I made some bad choices with initial refinancing. I have used a hard money loan at 12 % and 3 points. My initial thought was we would re-fin...
Gregory Thompson
Investing 40k in flooded homes Baton Rouge denham Louisiana
Will be receiving money through an inheritance. I will more than likely be investing with a friend of mine flipping flooded homes in denham springs, Baton Rouge Louisiana. What do I expect with the return. Would my in...
Marty Gangler
1099-c on a short sale in 2012 -rental that was primary
Hello. I had a house in the suburban Chicago area for 5 years. The first 3 years it was a primary residence. Then once we decided to increase our family we bought a new house and converted the first house to a rent...