I am having trouble finding any properties that cash flow after considering mortgage, insurance, cap ex, vacancy rate, etc. Have you had any luck in your areas? It's starting to become a pretty big concern as a new in...
Can those of you who are investors that have property management companies tell me why you chose to use one? Doing some research and would love your insights?If you chose not to, then tell me why?
Hi, dear landlords on BP!!! I am going to close my first BRRRR house this month and will start the renovation next month. The strategy for this house is for rent for a few years then sell it or maybe just keep it as a...
I was just reading another interesting discussion about cash flow vs. appreciation and the Midwest vs. the West coast and I want to make a case for a balanced approach, and I think my backyard - Milwaukee - is a perf...
An Alabama client of mine had this experience, but I think it is relevant nationwide. He had smoke detectors in all rental houses. It was the tenant's responsibility to test the batteries periodically and replace them...
Hello, I just bought a duplex that I'll be living in one unit and I already have a tenant that rolled over from the previous seller who will continue to rent the other unit until the end of their lease. This is my fir...
I am in contact with a 2nd position private lender who is willing to sell his note at a small discount. The property is in California, the sale date is scheduled for mid December and he is the foreclosing lender. Ther...
Hello BP!!
During some research I have came across Dodd-Frank and SAFE act regulations with seller financing. As a new investor should I meet with a RMLO and/or Real Estate Attorney:
Before I start maki...
So, I'm staring at David Greene's BRRRR book right now pg 232...Seasoning Period
"Many lenders don't want to finance something right after an investor buys it. This is because they want to make sure the property is ...
I was inspired by @Brandon Turner 's landlord's "hack" list. SO I've decided that every week, I will share my real estate "hack" with BP Nation. Here's my first real estate "hack" of the week:Issue with Some Contracto...