Vincent C Riccio
Experienced MF investtor take on 50% rule
Listening to the BP 50% rule (50% of Rent Roll goes to expenses, remaining 50% is your income minus mortgage) I realize the point being emphasized around cash flow and evaluating properties. I am wondering from experi...
Ryan Saldanha
Contractor has left me in the DARK!
I gave large deposits to a GC on 2 flips in FL. One project is small 3 bedroom house is only 50% done after 3 months. 2nd flip I gave deposit 10 weeks ago and I checked with the permitting office and their drawings/...
Ryan Lockstein
Finding Larger Off Market Multi-Fam Deals....
HI BP,I have been wholesaling/flipping SFR's for a couple years now full time. Typically I am using Direct mail and web leads to get my deals. We have recently obtained funding to do a larger Multi-family deal (10-...
Matthew Masoud
Need a Brokers License to Manage Property?
Hello BP community.I have a 13-unit portfolio (Short-term and long-term) in Ohio that I've been managing from California. I'm building up pretty good systems where many of the issues take care of themselves (Basic rep...
Marcin Nurek
Broke lease terms on day 1
Back in June I have received a security deposit and in July first month payment for a lease starting on August 1 move in date. On August 1 I was informed by the tenant she is breaking the lease due to some family issu...
Eric Renney
How to start out with lenders?
Hello, I am wondering if anyone has used BridgeWell Capitol and what your experience was with them, good or bad. I have done a flip and did very well and am trying to take this business on full time. I am looking to g...
Mindy Jensen
BP Podcast: Partnerships & Growing to 900 Units with Jake & Gino
We’re not going to lie: It was hard to come up with a title for this episode because we covered SO much—productivity strategies, morning routines, growing from zero to 900 units, partnerships, 1031 exchanges. Whether ...
Haseeb Awan
Analyzing a deal in Oakland, Bay Area [ Cash flow +ive)
Hello Folks,I used to live in Los Altos and it's almost impossible to find a property in the area which is cash flow +ive, but oakland seems to be a decent area in terms of investment in entire bay area. I was looking...
Sarp Ka
Cannot close the contract due to seller; what happens now?
Hello there,I've been under contract and originally closing date was 45 days. Unfortunately seller's lien has some issues and this is keep getting delayed. The contract has passed all the contingencies that I've put (...
Kyle Johnson
Should I look for a new property manager?
I am new to real estate investing. I have one rental property that’s located in Norfolk VA. I believe my current property manager is horrible with communication. Sometimes it takes weeks to hear back from her (if she ...