I have a 4-plex, C property, 2/1, built in mid 60's on a slab with very little insulation.  They currently have 30 gallon low boy electric tank heaters located in the kitchen.  I'm thinking about making the move to el...

Hello BP Fam!Let's say I would like to buy and hold properties here in the Ft. Myers area that are in low income neighborhoods. Why do I think I want to do this? Please tell me if I'm wrong... I am hoping to owner fin...

Every business has its own unique set of headaches and opportunities.

The opportunities look exciting… What about the flipside of the coin??

When it comes to purchasing discounted mortgages as a business model, wha...

I have a difficult tenant who I gave 30 day notice of non renewal on his month to month lease, moved out 1/2/16 (2 days late).  He and his family have been very difficult with the move out;  his son has told me he wil...

Here are the few NPNs I was looking at purchasing:1st Note:State: IllinoisAsking Price: $1,750Balance: $62,724BPO: $13,200Delinquent Taxes: $7,8672nd Note:State: IndianaAsking Price: $2,000Balance: $56,603BPO: $18,000...

Like many reading on here, I began the 2021 calendar year with great ambition; I wanted to close 2+ Multi-family deals as a GP of 50+ units each. Most importantly, I wanted to establish my brand and reputation in th...

Hi all BP,I need some guidance.  I have a tenant that has been great.  They moved from my one rental to a larger one and agreed to the rent.  Fast forward 5 yrs and I haven't raised their rent.  I am now losing money ...

I own a property property outright and am looking to do a cash out refi of it. The property is in an LLC but is a single family. In talking with different local lenders I have two options:Option 1: 30 yr fixed rate at...

Hello, I’m aching to ditch 9-5 and diversify away from the stock market.  I’d like to acquire some rental properties but don’t know how/where.  I read this article which suggests seeking high rent to price ratios on a...

This is my first experience with a turnkey property / company. We had a purchase price listed at $94,950, but now that we are in the final stretch the appraisal came back at only $85K. My gut tells me not to proceed. ...