Max May
House Hacking a multifamily in San Diego
Hello BP!I am a newbie investor, and long time BP Lurker. I have been interested in real estate for years, and thanks to a random influx of cash I am now finally ready to get started with my first property. My plan is...
Kyle Mullins
Raising Rent for Long Term Tenants After Purchasing Property
Hello! My wife and I are in contract for our first rental property, a triplex! The current owner has had it for 21 years and is older so rents have not increased over time. The current tenants are being charged $425 w...
Taft Love
Unsecured line of credit - follow up
A week or so ago, I posted about my financial situation and asked a slew of questions. I thought it might make sense to follow up after visiting the bank.In the last post, I mentioned that Episode 239 gave me the idea...
Account Closed
The Most Landlord Friendly States
According to http://capstonecapitalusa.com/the-most-friendly-8-... - the order is:TX, IN, CO, AZ, FL, KY, GA, MSI choose to not do rentals but based upon my dealings in TX, I'd say this state is pretty friendly to pro...
Kristin Horowitz
How do I buy a million dollar building?
Hi guys, here's my story: when I was in my early twenties, my husband and I started a non-profit climbing gym club that's flourished. We decided to expand to a new location and I have spent a year or so reading the fo...
Jonno Rushbrook
The Biggest Mistakes You Seen Being Made by First Timers
Hey guys, absolutely love this site and everyone on it. I'm just about to jump into the Buy & Hold side of REI and just wondering if anyone has any classic mistakes that they would see a first timer like me make c...
Bill Gulley
How Profitable Is Property Management?
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Daniel Torres
Investing in syndication vs owning single family homes
Hi All, My current situation is one that I have a fair amount of capital but not a lot of time. I’m considering investing in syndications vs buying single family homes. The syndications appeal to me because of the...
Jag Sekhon
Investing Out of State?
As someone looking to buy their first buy-and-hold investment property sometime within the next year or two, it's really disheartening analyzing properties in my area. I live in San Jose (right in the heart of the ...
Corey Dutton
The 5 Most Common Questions About Hard Money Loans
For those who have never obtained a hard money loan, there are typically a lot of questions. Here are some of the most commons questions and answers about private and hard money loans:
1. What exactly IS a hard money...