Kassie Carrell
My rental property is worth 120K. Profit?
I have a house I rent out for 1300 a month. I owe 60K. It's worth 120K. How much should I be making annually on this income property. I feel my numbers are very low, but I am new at this so I am not sure. After taxes,...
Axel Ragnarsson
Growing a portfolio of 350+ units by 27 y/o - what I've learned
Last week, some partners and I closed on a 42-unit property in Daytona Beach, FL. This deal puts our company over 350 units, and I wanted to share some things I’ve learned while we’ve grown the business.
Full disclo...
Westin Hudnall
Would you rent to a sex offender if the offense was a 17 with a 15 year old ?
Nice couple ; good work history ; no pets ; plenty of money ; but prior sex offender case 10 years ago (17 year old with a 15 year old)Possible long term tenant :Let me know your thoughts
Account Closed
real estate agent's job
What, exactly is part of the JOB description of the real estate agent, beyond showing property, selling it, and getting the check?
I am working with "A". He is to help me find a rental property and so far he's showed...
Jimmy Lieu
In need of advice... planning on moving to new state during covid
Hello BP community,
Earlier this year, I started my real estate journey. For the past few months, I've been accumulating as much information as possible. I've read a good amount of books, been listening to podcasts, ...
Nicholaos Koufoudakis
Separate Bank Accounts Per Property
HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
Account Closed
First REI deal looked promising but rehab costs keep growing
Calling out to all investors...How many of you thought you had at least a base hit on your first property and then, in the end it turned out to bite you (financially speaking). I am in the process of buying a foreclo...
David C.
It seems like everyone is a Multifamily guru these days.......
Fellow BP-ers,I have been in the short term vacation rental and SF long term rental business for 10 years now, and am entering the multifamily side of REI in an effort to scale and expand my business. I have read a m...
Quincy Mingo
My Next Investment Strategy in Chicago, IL (Military Veteran Ideas Welcome)
I am looking to identify my next investment strategy to acquire another 3 or 4-unit property. I would like thoughts on what makes sense based on my situation.
Current Properties:
1.) 4-unit purchase in 2021 using m...
Matt Joplin
A Fork In The Road: To Be a GC or a Broker or a ?
Hi all,
I am at a crossroads and I am looking for a suggestive nudge in the right direction. I am a former engineer, turned vocational teacher, turned stay at home dad due to young children at home during remote sch...