Mitchell Robert Classen
23 Years Young, First Flip, $36K P-R-O-F-I-T
The last time I made a post I had just closed on my first house. I bought it to flip. The rehab took about 5 months. Once it was listed, it was under contract in 2 days with an over-asking price offer. Rehab Scope: - ...
Daniel Hixson
How does acquiring a preforeclosure work in texas?
I would like to get started investing on real estate. Ive looked at several auctions and while they have good deals. Ive noticed is possible to approach a home owner and work something out with them before theyre fore...
Dan Krupa
Residential Assisted Living
BP, listened to a great presentation last night from Gene Guarino on Residential Assisted Living (RAL). Curious if anyone has taken his online course or three-day course in AZ? If so would you mind sharing your exper...
Andy H.
Evicting a tenant who filed for bankruptcy: cash for keys?
Has anyone ever offered a tenant who is behind in rent and has filed for bankruptcy cash-for-keys to get them out?We have a property in Memphis that is being managed by a property manager. The tenant paid May rent, bu...
Alicia Kuluris
Partnership After All the Work is Done and Home is Making a profit
Hello Everyone,
Greatly appreciate any thoughts on the matter.
We have a property in Big Bear, CA and it is making a small profit this year, but it is strictly an STR. We have decided to focus on Midterm rentals an...
Renae Bliss
Newbie investor/licensed agent needs ENCOURAGING & POSITIVE advice
Been licensed since March 2011, been reading book after book on real estate investing & gone to 3 different seminars (including the REI Summit in Orlando 3/09). I'm trying to get my start in the area of Real Esta...
Brie Schmidt
Baseboard Heat?
We have a unit that currently has baseboard heat (electric) The tenants we had in there years ago never complained about the cost of heat, but the tenants we have had for the past 2 years say that their bill goes up $...
Thomas Mosely
BRRRR course question
I read a ton of books about investing in RE and the BRRRR method. I truly still did not have the confidence to make an offer and purchase a property. I'm looking for little push and help me minimize my mistakes. I re...
Taylor Jones
Do people like losing money in the Smoky Mountains?
How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
Lauren Yiu
Big Bear Lake Vacation Rental
Hi, my name is Lauren and I am new to BP. My husband and I started doing research and looking at properties in the Big Bear Lake area. We have so many questions and we want to see what you guys think:1 - Condo vs Ca...