Tenant, moved in, paid first month rent, paid second month, paid some of third, then stopped paying for two months. At the time I was still using a property manager and he kept saying he was going to work it out and...
Great day BP family,I haven’t been actively contributing to the site for the past six months or so because I have been managing and participating in my first rental rehab. I would like to share some of my learning exp...
I am 17 and lately have been consumed in the process of finding the right college. Recently I read one of the best books I have ever come across called "Rich Dad, Poor Dad". Up until this point I have assumed that all...
I just purchased my first investment property, a 12 unit (1 bed efficiency), for $412,000 with monthly gross rents of $5785. There was fierce competition on the property, which is justified because the most conservat...
I'd like to focus my attention on apartment complexes. Since most are owned under LLC's, what's the best way to contact them? If by direct mail, what are some ideas of how to approach the owner(s) in letter form?
Hi BP,I'm deciding whether to rehab and resale or rehab and hold for rental. Here are the details:Single family, Purchase price $25kRehab costs $23kARV $75kEstimated profit for flip is $10k (13.5% of ARV), or monthly ...
does not really exist....I am finding it to be the most challenging life choice I've probably ever pursued. Partly because I am truly self employed and no one is holding my hand...no one will be handing me a check at ...
Hello. Today, VRBO started collecting all taxes for my area (Collier County, FL which is 12% in total). I received a booking and see that they are taking their fee off of the entire booking including taxes (for refe...
I'm sure everyone knows about freedom mentor. It costs about 1,000 to get started. Apparently it's a partnership and they help you through your first deals and you split the profits 50/50. Anybody know about the progr...
Hello,I started investing in buy and holds a couple years ago and looking to ramp up this year to hit a cash flow goal. I'm hoping to close on my 4th property next month and actively seeking to add 3 more as soon as ...