Melissa Williams
Advised to Start LLC not TX Series LLC
I was recently advised by an attorney to open up a traditional LLC to not complicate overhead, accounting, bookkeeping when starting out. While a LLC could be sufficient, I did not want to have to transfer properties ...
Matthew Von Dwingelo
How We Purchased a $650k Triplex with $0 of Our Own Money (pt. 1)
First things first, I am in no means an expert nor am I an attorney (Consult an attorney & please don't take this as legal advice)... I just figured that there are some learning experiences in this deal that may b...
Tim Bee
When to sell a bad rental
I have a rental where market rent for this SFR is around $2000/mo. It's been vacant since June. That's puts it vacant for about 4 months now. I started advertising it at $2100 and steadily lowered it to now $1700. ...
Terri Pour-Rastegar
Daycare Center: How do I market it, price it, lease it, etc?
Hello there. So it looks like I just bought a daycare center in Charlotte NC. Being strictly a residential investor, this foray into the commercial side of things is a little scary to me. I could use any help I can...
Luke Carl
How Time Consuming Are Vacation Rentals?
I get asked this question daily, and now with the help of ScreenTime on my iPhone I have an (almost) perfect answer. In the past 7 days I’ve spent exactly 3 hours on my 5 properties via the apps on my phone. This was ...
Preeti Tibrewala
Offer accepted for run down house in Los Gatos Mountains @450k
Hi,Offer accepted for run down house 1bed/1bath in Los Gatos Mountains @450k. Lot is 0.26acres, most of the lot has steep downhill slope. Lots of trees and house has septic tank.Do you think it is a good deal? This is...
Marc Roberson
Steps for probate wholesaling? Just sent out 60 letters
Please correct, add to or demolish these. Just from what I have gathered so far. Steps:-Contact leads-Get information on house & see it-Agree on price-Get under contract-Set up the close(Title & Buyer stuff, n...
Mariah Myers
Expectations for Destin STR reservations pick-up
Good morning, everyone. :-)
I invested in my first short term rental in Destin last august. While I know that I closed on the purchase just before the down season, I am wondering when bookings start to pick up for ...
Aaron Lietz
Working 60 hours but trying to start REI: How?
Hi everyone! I'm new to REI, and to BP, and although I've read a lot of books on REI (including Brandon Turner's: The Book on Rental Property Investing) I'm wondering how you successful investors our there are able to...
Sam McPeek
First time property analysis in Richland, WA
I’m looking for some help in evaluating a deal that I looked at this last weekend in my home town of Richland, WA. After running the numbers, I don’t think this would be a good deal at the current price, but I want to...