Jake Burgduff
Tattoo studio and difficult renter in my first investment
About a year ago I took over a lease on a 5 bdr house in hollywood. I put about $8K into the deposit and turned the dining room into a room and am now making $700 month in income from this situation in addition to no...
Bob Galivan
Cleveland Investing: Short Sales
A client recently contacted me about a short sale in the Cleveland market that seemed to be priced way below market value. After digging into the listing info, I found a fairly typical approach to marketing these prop...
Matt Charette
How do I handle this (my first) FSBO cash deal? 80k/12% Cap Rate
I’m interested in a multi family that’s FSBO. This would just be my second property and this seems daunting. It’s a cash only purchase of ~$80k that on paper would be a 12% Cap if their numbers are accurate/truthful.W...
Account Closed
Why do renters rent
I am new to real estate investing and never really had much interactions with renters. I had a friend who rented out a house. The tenant who was nice although very very messy lol. I asked him why he didn't just buy a ...
Jeremy Cohen
Wholesaling Commercial Property
Hey BP,Hope all is well! I realize you are a very busy and you have a lot on your plate.Your time is your most valuable asset you have and I respect that. I thought I'd personally reach out & see if anyone could ...
Arthur Banks
When do you request credit/background check?
When applicants are applying do you require they complete the application first and after you review and wish to proceed, you then request approval to request the credit/background/criminal check? Or do you have the ...
Alecia Loveless
Hold or Sell Original LTR?
I bought a 3/1 1300sq ft house for LTR in May 2020. Due to personal issues we are completing the renovations now, 9 months later. I have 3 potential tenants lined up. However in the meantime my market has exploded. Si...
Bryant Wilson
My Partner gave me 25% on the Cashflow...Is This A Good Deal????
My Wife and I recently decided to become real estate investors. We've read books, watched podcast, attended seminars and even are in the process of closing on a long distance single family as I type this...Admittedly,...
Aaryan Patel
How can I build my way up to my goals of owning many units?
I am only 14 years old, and my goal is to own many commercial and multifamily properties making up hundreds or thousands of units. Should I close on my first deal in college? Should I wait until after college? What t...
Steve Rozenberg
Whats the magic number to spend on a make ready
How much should you spend on a make ready. Most owners, myself included would like to have a good ball park number, depending on the property I am buying or turning over after a move out. Everybody has different opini...