Thomas Balielan
Disabled rental applicant sues landlord for discrimination
Hi, fellow rental owners,
Recently got a disabled rental applicant who applied for my house on Zillow. I specifically mentioned on my listing no pets. They also wrote no pets on their application. They are a marine v...
Grant Stuard
How are people scaling so fast?
I have listened to some podcasts, and have heard people saying they got their first 7 properties in 11 months. Some even crazier. I have 5 properties, but I have used all my money to purchase these properties at 25% d...
Joshua Howaniec
Construction companies have poor presence on BP
I was just going through some of the construction companies in Indianapolis, for my own related work purposes, clicking on links and such. I found a lot of the links go nowhere and or the phone numbers are no longer s...
Bill Ward
Capex wipes out cash flow for a year?
So long question short, my rental property averages about $150 a month cash flow after regular maintenance expenses and minor repairs. But for a capex expense, my next one being a bath tub replacement or replacing the...
Account Closed
Does your 401k send you checks every month? – My properties do...
Someone just told me that their 401k just sits there. It doesn't send them a check every month. Sure, they said, they get a growing amount (as long as the stock market doesn't crash) but when I saw their numbers, it w...
Mashika Johnson
Wholesaling is a NO NO!
My inspiration for real estate investing came from reading Rich Dad Poor Dad. I was so intrigued and held captive by every word in the book that I read it in less than 24 hrs. (It would've took less time if i locked m...
Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Gabe G.
Repairs, where do you draw the line?
I am sure everybody has encountered the nit picky tenant. They may be a good paying tenant, but they annoy you to death with every little thing wrong in the home.Obviously I pride myself on getting real repairs, repai...
Aaron Hunt
How can I buy the White House?
I have a solid job, and I make decent money, and I also have a credit score somewhere above 800. I also know plenty of accredited investors.This morning, I hop up out my bed, turn my swag on and decided I want to buy ...
Lee Common
Deflation on the Horizon?
Make Sure You Get This One Right
By Niels C. Jensen
There are those who sweat over every decision, worrying about how it will affect their lives and investments. Then there is the school of thought that we should f...