First of all, I consider myself very smart. I run a very successful company, have always excelled in everything I do (including school), and have even been pretty successful with RE investing & flipping so far (w...
We are under contract on a side by side duplex near our hometown in Ohio. We just found out that we are inheriting the sweetest 80 year old tenant who has lived in the place for 20 years. Market rent is $950+. This li...
What's the deal with the do not call list? If I find a property that has the potential to be a good wholesale property, can I call up the owner and tell them my interest. I'm talking no FSBO sign, no for rent sign, ju...
One of my tenants has just been diagnosed with cancer. She's been dealing with various health issues that have made paying rent on time a problem. Has anyone dealt with a situation like this? I'm trying to be accommod...
Hello! My wife and I have found ourselves in a state of "analysis paralysis" and are in dire need of some "Rent or Sell or Other" help from someone (or someones!) more experienced than us. I am trying to learn more ...
Ok. Here we go. I win the dummy award of the year but I need some help to see how I can mitigate my damage now that I'm in the bind I'm in.1) Bought a townhome, fixed it up and put a renter in it. Small town. Small ho...
I always hear this figure and wonder to myself how come? Is it because people are scared or is it because the people who are trying to get into investing have a hard time figuring out what information is correct and w...
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 ...
I recently engaged in a negotiation to buy a portfolio of rental apartments from a seller whom just inherited these properties from her late father. The properties were off market. I contacted her to discuss if she mi...
As an experienced real estate investor and now also a private lender, I often get asked the question: "If I am a newbie and lenders don't want to lend to newbies, how can I get money for my first deal?"
Looki...