Leonard Spicer
North City Properties In Good Condition
I understand that most investors run away from properties in North City Saint Louis - Primarily because of high crime rates and the low chances of appreciation. But what is the best way to help motivated sellers who j...
Jeff Fountain
Renters using a credit card to pay rent
Hey guys, I have a potential renter wanting to use a credit card to pay rent. In this case it is a government employee attending a government training camp (FLETC - Brunswick, GA). The government provides the person a...
Tassany Prasoeuthsy
Landlord: Screening tenants
What sites and/or screening criteria/requirements/rules do you have and used that’s helped you screened “good” tenants?
Betty Snowie
My third vacation rental property in Lake Havasu City, AZ
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $400,000
Cash invested: $400,000
Beautiful southside home featuring an open floor plan with 4 bedrooms, (two master...
Brendan Chisholm
Fannie Mae Homestyle Loan update and lessons learned.
I recently wrote about my experience with closing a Fannie Mae Homestyle loan and going through the vetting process for general contractors. Fast forward sixty days, and I wanted to provide some insight into renovatio...
Charlotte Chew
Short term rental comps
Is there a website or source to look up vacancy rates and other stats for STRs in different areas of a city? Something that would be like look up comps for home sales or rentals. Thanks for any input you can offer!
Ricky Reese
Unsuccessful BRRR situation
I've been reading and studying the excellence of using the BRRR method for real estate. I want to paint a hypothetical BRRR picture that I would like feedback from the BP community. Let's say I was off the mark with ...
Gaston Prevette
Unicorns Did Exist in 2018
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $260,000
Cash invested: $35,000
We found These 2 quads which happened to be on separate parcels on the MLS. ...
Account Closed
Can I challenge an appraisal?
Long story short - I am trying to get a HELOC and had my home appraised last week (that I paid for). I live in a hidden little part of Los Angeles and pulled 8 comps for the appraiser, all within a mile, all within 5 ...
Xavier Randall
Today's Distressed Market (Random Rant)
I've spent the past 6 years as an Asset Manager in the default sector liquidating REO's for the banks by rehabbing them for the retail market and the auction market (primarily Auction.com). The auction platform took a...