I have a two rental properties that have leases up at the end of May and both tenants are moving on. I have placed my advertisements with Turbo Tenant and I am receiving plenty of replies. I absolutely want to be resp...
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I met with a realtor and contractor today for a look at a foreclosure. The outside looked worn but repairable. Then we went inside and found active termite damage, ruined ceilings, mold, and a 6-7 foot crack in the fl...
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In Michael Blank's book - Financial Freedom with Real Estate Investing, Michael talks about the Law of the First Deal. In summary, he states that after completing your first multifamily deal, it is reasonable to expec...
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Hi BP family,Good afternoon everyone. I own a total of 30 units just outside St.louis across the river in Illinois in a town of about 20,000 people. 16 of those units are about a block away from the other 14 units tha...
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I am looking for my first rental property to invest in! I have a financial partner that is wanting to invest with me, she doesn’t want to do any of the work...just reap benefits. She is a cash investor so I won’t be n...
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What happens to mortgage note during 1031 exchange.Im thinking old is paid off, but looks like entire sale transfers.Therefore do I need to acquire a new mortgage for my present debt ?
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I’m looking for a property management company in the Savannah Georgia area, that specializes or has experience in Airbnb’s. All suggestions are welcome and appreciated. Thank you
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I'm posting this story to share my recent experience in the process of subdividing a triplex in hopes that others will learn how simple and easy this can be (at times). This process had me perplexed for over a year - ...
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I'm doing an analysis of one of my rental (BRRRR) properties. According to my QuickBooks, I'm doing ok. $480/mo cash flow. Plus another $250/mo mortgage pay-down. Feeling pretty good about myself.But then I looked...
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Hi all, I'm just getting started in my REI journey and one of the main ideas I'm trying to sort out is where people generally take their reserves from. By reserves, I mean cap ex/maintenance/PM/vacancy. I understand e...