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Hello BP!! Jorge here ready to share and learn all I can about real estate investing and my experience thus far. I've been a member on BP since June and entered into this world after reading Rich Dad Poor Dad (as man...
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Hey everyone. What is your rent increase process? Do you do a certain percentage every year? If so, is it a percentage or just an increase by a certain dollar amount across the board? Or do you just do it when you fee...
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I received an inquiry for a 5-year lease on a renovated SFH. They are asking for a reduce price in exchange for a signed 5-year lease. 1400 a month instead of 1500 a month. I assume if I do the due diligence and ...
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In advance, let me say thank you for the feedback. I'd love the good and the bad. Balance out my expectations if parts of it also look particularly good! Thanks to @RyanMoeller for the template from his post here. ...
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Hey guys!
I'm new to this place but read the forums and listen to the podcast daily. I am moving to Los Angeles in a few month because of my job. I'm looking into buying a house. My job will be on the west side clos...
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Let's do intro's first. I'm 21 years old, stationed at Fort Hood. I'm very interested in real estate investing, but wildly lost on any practical application of my passion. But for about 2 years, I have been dreaming o...
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If I am going to require a 600+ credit score for my rental, does it need to be put somewhere in the lease? Or would I just list it in the description when marketing the property for rent?
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Is anyone doing STRs exclusively for 28+ days?I have an STR in Mesa, AZ, and got a longer-term tenant from January through February who is paying me close to $6k per month. This is about $1,500 more than I get with th...
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Hello BP Nation, Glad to be starting my REI journey. I have 2 situations here and would be delighted to have input on these:1. House Hacking - I have just closed on a new build in Littleton (South-West Denver). The pl...
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I’m working on my first deal and considering the CapEx, Vacancy, and Repairs expenses in the BP calculators. If I have a large enough (approx 6 months of rental income) lump sum of money saved up and invested in safe ...