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Results (10000)
Kristy Pedersen Appraisal Bias on BRRR
21 August 2023 | 25 replies

I'm looking at a property in Philadelphia that would need a full gut rehab. I want to BRRR it. Purchase price is 99k, renovation cost is ~100k. ARV maybe 270-280k. My question is regarding the appraisal value. It's lo...

Cameron Campbell What to do with equity in So Cal? Sell, keep or upgrade?
17 August 2017 | 30 replies

This post is inspired by show #238 @Michael Swan. I have about $250k worth of equity in a SFR rental in a suburb of Los Angeles I bought in 2010. The property about breaks even and the tenants are easy. I made the mon...

Nathan Simons Tenant is 3 days late on rent
13 March 2019 | 36 replies

Just bought our property last month and there was an existing tenant. In the current lease that he signed before we purchased the property he has to pay rent in full on the 1st. There was no late fees in the lease. No...

J Scott Understanding NPV - A Real Life Scenario
15 February 2015 | 25 replies

Note: I wrote this post pretty quickly, so I’m sure there will be some questions and perhaps even some confusion…if so, feel free to ask, and I have some additional disclaimers at the bottom... I’ve written a bunch ...

Joe Pearson No Reserve + Need Tenant to Afford Mortgage = Too much risk?
17 March 2019 | 81 replies

So, I'm planning on purchasing a duplex or triplex within Manchester, NH, but my fiancee and I can only afford an FHA Loan 3.5% down and 4.85% interest, 30 yr mortgage, and that will leave us with practically no reser...

Jordan L. Help Please...I'm Being Sued
20 August 2020 | 47 replies

This is my first experience with this, and to be honest, I'm panicking.  A former tenant that just vacated a property I own is suing for multiple items and a large amount of money.  Mostly on items they're claiming we...

Karen Margrave GOALS FOR THE NEW YEAR?
31 December 2013 | 89 replies

Seems like we were just answering this question. Time flies.

What are your goals for business in the coming new year?
What part has BP played in your business this past year?

I want to ...

Joshua Dorkin Investing in Boat Slips
19 April 2021 | 11 replies

There was another thread on the site in the making deals forum which contained a lot of great discussion, but which became way too contentious, so we closed it.

I wanted to start another discussion about investing in...

Jason Hatfield Quit Claim subject to Existing Mortgage Deed
2 July 2016 | 40 replies

I am currently in a BINDING contract with a SELLER of a residential piece of property an I am the BUYER for the sum of $20,000.00. The contract is seasoned, and is sitting at a Title company ready to close. There is a...

Karen Margrave LOAN, JOINT VENTURE - ADVICE WANTED!!
12 December 2013 | 20 replies

Everyday we have people on BP asking questions related to soliciting money for deals, joint venture partnerships, etc. Maybe some of you with knowledge or experience on these things can weigh in. @Will Barnard...