Thomas Larsen
Questions about financing my first deal
Hello all, I'd like to get some basics out of the way but I'm hoping for some feedback for my first potential deal.23yo$140k gross incomeI'm a traveling utility foreman 20% work in eastern OR 80% western WA$24k saving...
Byron Hunter
Opinion of Market Reaction Come January
Hello BP family. I am a REALTOR in Dallas and own 2 rentals. I'd like to know y'alls opinion about what property values could do starting in January.
My understanding is in January, unless things change, tenants can...
Thomas Larsen
First deal details, need some help
Hello all, I'd like to get some basics out of the way but I'm hoping for some feedback for my first potential deal.I live in little Baker City, OR where the property is. I have family, friends, and some connections ov...
Stanley Denman
SFD landlord looks like a bad deal: what am I missing?
I have come into a modest inheritance and I am considering how to invest the money. These funds came primarily from the sale of my parent's house. Prior to the sale my brother and I considered renting as joint tenant...
Mark Forest
LLC or sole prop
Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
Scott Houin
Property Manager Not raising rents as requested
About 6 months ago I reached out to my property manager in writing and ask them to raise rents on all my properties by $25. I reminded them to do this about a month before each lease renewed. When I got my lease re...
J. Martin
GET RICH! (or die trying?!) SHORT TERM FURNISHED RENTALS - A discussion
I have been speaking with short-term furnished rental owners who rent to workers or other travelers, and operate near national parks like Yosemite, in urban areas like Oakland and San Francisco, the desert and coastal...
Ken Weiner
Been sued? Please share.
There are so many discussions on here about the most appropriate asset protection strategies for various situations. Umbrella policies, LLCs, holding LLCs, land trusts, etc. People debate whether someone else can si...
Jessica Zolotorofe
Real Estate Fun Facts To Start off 2017
Here are a few fun facts to start off 2017 strong:
According to the WSJ, the number of investors who flipped a house in 2016 reached the highest level since 2007. About 1/3 of the deals in the third quarter were fina...
Nick Harb
Need Advice: Rent or Drop Price
Hey guys! Need some advice here (https://www.redfin.com/TN/Nashville/1807-Elliott-A...). I picked up this house cheap in July for $280k from a woman that was put on hospice. My wife and I put in $40k. The house was in...