Jordan L.
Of these 2 REOs, which would you pick?
I've got two homes I'm eyeing. Both built in 2005. Location the same. One's 1900 sq ft home selling for 190k. Will definitely rent out for $1500 a month. Another is 2950 sq ft home selling for 220k. Will definitely re...
Jack Oregon
How to Invest $600,000
Hi guys,I’m pretty new to the community and I am so glad to have found this place for suggestions and feedback. Here is our situation: $600,000 cash on hand from inheritanceDesired return of 8-10%Live in Greater Bosto...
Sam Leon
Late rent - habitual
I have never had someone who pays late all the time.
In the past I had a few tenant late a few days here and there, and even though I have it in the lease a late fee after the 3rd day, I have never enforced i...
Bill F.
Cash Reserves/ Rainy Day Fund
In case you missed it, the online rent payment company eRentpayment has had major issues when their payment processor filed Ch 7 bankruptcy and casued a lot of investors rent to not get deposited. This started quite ...
Ashish Rizal
Passive RE investment diversification
Brand new to BP, just getting started with RE investment and am looking to invest in multifamily, duplex/triplex eventually once I have solid understanding of it. In the meantime, I would like to have some passive inv...
Julie Macd
How do you manage your maintenance reserves
Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
Eric Fernwood
What’s keeping people from pulling the trigger?
I think fear is what keeps many people from starting. I'm in the process of creating a guide to help people better overcome their fears. Below are what I think are the most common fears.
Don’t know where to start...
Joffrey Long
Usury Expert Witness: California Mortgage Litigation Questions
This post relates primarily to California:
Hard money loans are often made at rates that exceed usury interest limitations. On hard money loans, California trust deeds can be exempt from usury interest limitations u...
Carlos Simmons
$400k to Invest. What would you do?
Will be cashing out soon from a company buyout. I will end up with about $400K cash after taxes. My first impulse is to purchase 4 $200k homes with $100k down on each and rent them out. The thinking behind that is ...
Adam Craig
Where to buy in Florida?
Hi All -
I have been looking long and hard for where to buy a second home that we might spend about 2 months a year at on average when we escape the Cleveland winter - So many places my head starts to spin...