Mike Schelske
Out of State investing 101. Turnkey or bust?
Hello everyone,I have done a little research on out of state investing, turnkey seems to be the easiest and simplest option. I have heard there is another option that is similar to turnkey but safer, but I haven't got...
Jacob Cho
Californian trying to buy first investment property
I'm trying to buy my first investment property with ~$100k saved up.My brother started his first W2 job last month that pays $45k/yr+ commissions.I plan to get a minimum wage job/an entry W2 job since I'm still in col...
Elenis Camargo
HELOC on a rental property: is it possible?
Hi everyone. I know back before the housing crisis it was possible to get a HELOC on a rental property, but is this still possible today? Have any of you recently done this? We have one single family home and looking ...
Jimmy S.
Water Leak and tenant is complaining about mold and moved out
I had a leak several months ago, the window cap blew off and I repaired and fixed it. Now I get a called about 1 week ago and there is a massive leak from somewhere. Either from the other window, or from the tenants...
Larry Cersosimo
What is a good cash flow
I hear on many podcasts that people wont entertain a property unless they can hit $250 of cashflow for the door. What do yall think and how do your properties cashflow
Mathew Wray
Buy and hold houseboats?
Hi all,
I'm curious if anyone has any experience buying and renting out houseboats? I know there are slip fees (if the slip isn't included in the purchase price) and I'd be shocked if there weren't some sort of HOA f...
Ross Kane
LLC piercing corporate veil
Hi guysI am planning to buy my first property soon. I am thinking a duplex. Maybe with tenants already in place. I am feeling overwhelmed and have many questions. But at this point I am going to reduce it to 2 questio...
Tricia O'Brien
PM gave tenant 10 day notice then terminated management contract
Hello BP folks! I'd like advice as to what my top priority should be in the next 7 days with this problem. I'm an OOS investor with a rental SFR in Indiana. 1) The property manager did an inspection at my request Apr...
Sherri O'Neal
Too old to see rewards?
I’m 54 and husband is 57. We would like to start REI but worry we are too old. If we want properties to cash flow to help build some retirement and possibly find a retirement in 8 years ( meaning, quitting our 9-5 in ...
Loren Thomas
Ask me your electrical questions!
I've been an electrician in Washington (the real one..) for 10 years, residential, commercial, and industrial. I've learned a ton from BP so this is me trying to give back with knowledge of something I know very well....