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Hi everyone, I had a friend talk to me the other day. She was saying that her first rental was a house that she and her husband picked up from a neighbor they knew who was moving. But she said it didnt cash flow much...
Hi BP,
I've had a short sale under contract pending bank approval for 8 months now only to get an email from the sellers agent this morning saying that the seller is frustrated with the wait and just wants to walk aw...
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I am interested to know why more investors don't open CC's that have 0% interest for 12/18 months for rehab work on their investment properties. After listening to the first 335 episodes of the BP OG podcast, I have h...
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Hi all,I recently started a mailing campaign and it bombed pretty hard. I know that the first campaign is not going to be the most fruitful.I went with a mailing list to out-of-state buyers who have little to no debt....
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I have a duplex that I would like to buy. It currently has a vacant side and a rented side. The rented side is for $575 and below market average which is $750. She is elderly (mid 70s) and has lived there for 13 years...
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Good afternoon fellow investors,I just closed on my first rental property, which consists of a main house with 3 attached smaller units (efficiencies) - this is very normal in this area- , everything is on one meter.T...
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Hello, my property mgmt evicted a tenant (hadnt paid rent in 6 months) on an SFM in memphis. now PM is adding evicted tenants utilities bills of over $1000 to my ledger. I have no idea why property mgmt is paying for ...
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Hi, My tenent's lease is coming to an end in June. She has been on a year to year and has been an excellent tenent (pays on time, takes excellent care of home). She now works part-time (semi-retired) and asked if we w...
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I'm working with my dad on an upcoming project of his: building tiny-ish homes on his farm (400 to 600 sqft each). The plan is to build 3 homes: 2 for long term rentals and 1 for STR. Land is already his and paid for...
I would love to hear what goals people are setting for 2014.Personally, I am going to--hire an assistant to help with my wholesaling and tenant placement business-do a 1031 exchange with a property that a biz partner ...