Those of you who know me from my posts know that I've been an active investor for 30 years, and that I've seen some big market swings. I lived in Houston in the "boom and bust" late '70s and '80s (when the average hou...
I have an investment property that has a crap-ton of equity from appreciation, about $250k in equity. My credit union will give me up to $100k in either an investment HELOC or investment equity loan, which I'm plannin...
Some time ago, there was a post asking for opinions on eXp Realty. I shared in not-so-gentle terms how I had been pitched HARD by one of their agents. That pitch was completely focused on how I could make future inc...
Hello BP, Someone always starts the annual post of what are your goals this year so I figured I'd give it a go! Thought I'd do a twist on it this year:1. What goal from 2019 did you FAIL on, and why?2. What is your ne...
So me and my wife just purchased our first rental and first house ever. It had Tenants in it and one of them is asking not to pay this month. (the first month we are collected rent as new land lords) They are saying b...
I am dealing with my first late payment and I'm not quite sure how to handle it. The rent was due today, but I have not received it or heard from the tenant. I am going to call them tomorrow to see what is going on, b...
HI all,I have a tenant (Texas) with an upcoming lease expiring and wondered if I can raise the late fee while going month to month? Does this require a new written lease or just a written notice regarding a late fee i...
People frequently ask me why I don't invest in deals in New York, even though we're based here. The reason is simple: it's too hard to make money for your investors in New York. That's a huge reason why we invest i...
Investment Info:
Single Family JV BRRRR property in Apopka FL. My wife, @Mickie Holmes and I did 100% of the rehab aside from the HVAC install and an assist from a friend on some electrical. Our JV partner we flip...