I've been entertaining the idea that it might be more cost effective to build a new home out of my already existing home than trying to buy a new home. I'm curious if anyone has had this experience and what would the ...
Hi BP! I've been a member for a couple of years now and have been reading, researching and learning as much as possible about RE investing. I haven't been activity looking for properties to buy but last week while I w...
I live in the SF Bay Area and have been through lots of renovations (5 properties) through the years, but I’m working on getting my first real flip and use of a private money lender. I’ve raised 1.1 million but need t...
How is it going this poorly already?Ok so here's the backstory. I went under contract a month ago and began my search (armed with BP advice) on the questions to ask to find a great manager. I chose the ppty manager ...
Have an applicant I was really excited about, wants to move in soon, makes substantially over 3X, states they have good credit (haven’t ran it yet), employer and previous landlord references check out...the weird thin...
Hello BP family,I am a new member to the board and need some advice. I own a property outright in Houston that I bought Q4 of last year for 359 K. The property is a gorgeous, but very old historic home in a very desir...
There are plenty of threads discussing the squatters, professional tenants, dirtbags and dolts. This one is for the renters you love. Here are mine:One tenant came in to talk to us yesterday, wondering if the hot wate...
First, sorry for the long post. Before I found BP I started investing in SFR's in Phoenix metro area. I bought on the basis of rent covering PITI and thinking I was good. Surprise, surprise, I was not. It has yielded ...
After going through litigation against our sister, with regards to our family estate, my brother and I are property rich and cash poor (our sister embezzled almost a million from the estate). We have fairly large vaca...
I purchased a property in Indianapolis at a good price ($39k), well below what the comps show for the area ($50-60k for rental grade, $80-100k for retail). However, because the appraiser knew what the purchase price w...