Sandra Creamer
Newbie from NYC thinking - what can I do with $225K?
Hi BP community, My name is Sandra and I'm a new BP podcast fan and just joined recently, as in last week! I've started listening to the podcasts from the beginning, and I especially appreciate how Josh and Brandon...
Tanya Patience
Strategy question: Depreciate or Expense?
Hi! I've searched around a ton to find a simple answer to this to no avail. Maybe because it's been hard to wade through the flood of information on depreciation and expenses.I wanted to know the strategy behind wheth...
Kari Koszdin
Tenant paying below market rent in unit that needs rehab-
I bought a triplex four years ago and inherited one tenant. At the time, she was paying 1050/month for her small 2 bedroom apartment. The previous landlord had not taken care of the property, so I needed to put in a...
Douglas Skipworth
Do you track your net worth?
I'm teaching a class on buy and hold real estate investing in Memphis and I'm looking for some real life examples to share with the students.Here's the brief background on my question below.I believe 2 things.1. Peopl...
Fernando H.
Pay off Debt for higher DTI Ratio or Invest? HELP!
Current Debt.1 SFH: rented - $200 positive cash flow after paying off mortgage2 Duplex: rent one and live in another: $200 positive cash flow afer paying off loan3. SFH: *currently rehabbing* - free and clear - ARV 70...
Christine Wagner
Mack companies Chicago
My husband and I invested in a property with Mack about five years ago. We intended to do several but within the first year it started going bad. Awful tenants, evictions, drops in rent. Nearly impossible to get an...
Mijeong B.
Under contract on REO property, I found squatters moving in.
Hi. We are in a very difficult situation and hope someone can help.My husband and I have just started investing in real estate in St Petersburg and this is our first flip project. Currently we are under contract expe...
David Keys
Monthly Payment decrease when making large payment to principle
So I have had many properties that I had put the typical 20% or 30% down on a 30 Year loan and had a Fixed payment with the bank. When I had extra money or a large commission I would always put large amounts to the p...
Ryan S.
Deploying $2M into commercial investment(s)
I'm working with a small team to invest approximately $2M cash into commercial property before this year's end. Here are a few highlights in terms of what we're looking for:Location: The northeast (NY, CT, NJ) and Sou...
Masroor Ahmed
What is reasonable Deferred Maintenance?
Hey BP fam, So I'm in contract to close on a 7-unit bldg by the end of the first month..first deal, hopefully. Had the inspection done and there is clearly work that needs to be done in the $5-$10K range, incl some w...