Cosmo Iannopollo
Help me understand why this is a good deal
Purchase price: 175KRehab: 150KARV: 450K (conservative; median prices in the area are closer to 485K)125K spread looks great, right? I think so, but then I think about the cash I have to put in, which is probably arou...
Zack Ellard
Have $40k and ready to start investing
Hey guys. My wife and I are about to sell the house I owned before we got married (we currently live in hers) and we will have about $40K to work with to begin our investing career. We do have about $14K credit card d...
Laleh Omaraie
Figuring out true occupancy rates
I am looking at a condo in a resort area that has the potential to be a good deal with the right occupancy rate. I’ve confirmed the nightly rate, which averages out to be $135 per night. This has been confirmed by mul...
Mike Litano
First Post - Looking for Advice!
Hi BP community!My name is Mike and I currently live in the suburbs of Columbus, Ohio. I have been interested in pursuing real estate investing as a way to generate wealth and - over time - replace my W2 income. I am ...
Ed Lopez
Legal repercussions for property managers
Having a bit of an issue with some of my out of state properties. I have a smaller property management service in this area that handles everything since I purchased the properties a little over a year ago. Most uni...
Dan Thomas
Airbnb claim process
First time in 3 years we have had to file a claim with over 150 airbnb stays. Guest left all windows and door open in our cabin in -15 degree weather when they left causing a frozen pipe. Left the place destroyed and ...
Amir B.
We closed on this house on April 28th and it is still vacant.
Hello,We bought this house and closed on April 28th. We have been searching for a qualified tenant but have had no luck.I was wondering how long other investors have had vacancies in months. Is it normal to have a vac...
Gil Ganz
best use of monthly rent
heynot sure if this is the correct sub-forum but i'l give it a go. planning on buying a property, long term rental, all cash. now, say i have around 500$ coming in to my account every month (this is in theory, after a...
Ari Bachrach
What sort of paperwork do I need to generate for a flip
I'm signing the papers to sell my first flip in a few hours. Despite everything going wrong that could have gone wrong, we're actually going to make money on the deal. (Wooo!) The flip was done in a multi member llc t...
Dan Marshall
Newbie from Raleigh, NC
Hey BP!Thank you all for this great resource!My wife and I have our old townhouse rented out (N. Virginia) and currently own our home residence in Raleigh, NC. The N. Virginia townhouse is doing fine from a cash flo...