Hi, for the experts who are investing for appreciation, will you invest in a negative cash flow property if the appreciation is almost certain? The property I am thinking about is a ~1.3M purchase, no rehab necessary,...
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Hey there.. Since this is my first post let me introduce myself a little. I've been a RE investor for many many years. I started with a singe SFR and worked my way up to multiples and then into fix and flip and gen...
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I recently bought my second property since being on BP. Maybe I should have stuck to simpler routes, but I wanted to do PA Tax Deed sale. I did my homework, worked the numbers, and won the bid. After buying a nice ...
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I am buying a duplex and inheriting a tenant that has been there for 4 years, a single mom. It seems she is usually late with rent payments but catches up within few months. She is otherwise good tenant and keep her u...
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Hello everyone!I'm knee deep in an lengthy rehab on my first BRRRR deal ever, in Sellersville, Bucks County PA.The project started in late February, DAYS before the pandemic came around. Talk about good timing... Anyw...
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Fellow Landlords,
The tenants of my rental property are currently 12 days late on July’s rent. I have made many many attempts to collect and even suggested that setting up and online pay would make things easier (I ...
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My mother bought a 2 family house for 514K back in 2006. The mortgage was very complex and handled by the now defunct WMC(of GE), infamous for using scissors and xerox machines to fake documents, and anything else im...
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Don't know much about mobile homes. Have remodeled houses, have contractors, etc but this would be my first Lonnie deal. One of the largest U.S. manufacturers of mobile homes is located in my area so there is a decent...
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I need your input do you think direct mail is dead
I ask this question being facetious, honestly it depends on the market. Look at this deal we closed with direct mail being a marketing source.
My initial conversati...
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Operating Expenses seem to be a big shade of gray for investors. Especially for a newbie like myself who has never run an investment property. Do the vets recommend itemizing expenses when running a cash flow statem...