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Hey everyone!My name is Chad and I just acquired my first property on Sunday. I had a Jeep Wrangler I traded for a 5 acre property in the Southport area in FL.I’m only 18 years old so this is all very new to me and wo...
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I have a tenant that is on Section 8 and her lease expires at the end of October. I just received word from Section 8 that the portion of the rent that she pays is almost going to triple for the next lease. The tenant...
Can anyone recommend that safest yet least costly way to deal with the following issue.
It is past time to replace my e...
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I am new to the BP forums as well as real estate investing. I have a date set in which I would like to have done my first deal by (first of 2019). Being in this stage is exciting but also somewhat nerve wrecking.
I w...
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I am currently thinking of putting an offer on a triplex in the Seattle area. Two of the units are occupied and the other is vacant. The occupied units are both section 8 tenants with leases that do not auto-renew. Th...
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I'm considering long distance investing in Houston but don't know much about the current market.I was told that it's a hot market right now.Now I'd like to know the facts from the BP community. Is it Hot or Not?Any a...
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Hi BP,My husband and I have been fans of the BP for a hot minute, and finally feel ready to start acquiring properties. We’ve made a few offers and none have panned out so far. I am wondering if y’all could provide so...
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I've read this article by Sergio Altomare - How to Calculate Cap Rate (& Where Many People Get It Wrong) several times and there is something that just doesn't make sense to me. These basic formulas do make sense:...
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Hello everyone,
I managed to get two more properties under contract recently. These two will be just my 3rd and 4th properties. So I'm looking for feedback as I continue to learn.
#3- 2 bed, 1 bath sing...
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This is a "help me"/ post-mortem of a offer I presented to a homeowner today.
I toured her House, and they are living there, but the house is not even rent ready. They started many projects and didn't finis...