Tim Kaminski
Rent by Room or Section 8?
Hello!
Looking at a lower price point ($90-100K) for my 2nd investment property and that has pretty much taken all possibility of small multifamily out of the picture. So I have set my sights on single family and ...
Brian Zaug
closing next week, tenants behind on rent
Hey Happy Holidays BP! Looking to close on a small multi next week. Anyway, I met the current property manager at the house the other day and he leaked some info regarding the tenant downstairs being behind on rent....
Philip Williams
54% ROI on a flip & the importance of running comps properly
Hey all just wanted to share a success story for those people saying there are no deals to be found! This property was a foreclosure up for sale at a judicial auction. I have an assistant who runs comps for me on all ...
Bill Gulley
The Passing of a Friend and Ledgend
RIP John Q. Hammons, 1919-2013
Most here probably don't know of this man, Known as John Q. he passed away last night in his home. He was a small town boy from Fairview, Missouri who became a real estate ledgend. He a...
Orazio Difruscolo
Need advice on REI path
I've been listening to the BP podcasts, reading everything I can on the forums trying to avoid problems along the way before making my first deal.
I hear a lot about finding your niche first. I believe for me that's ...
John Suralik
Friends Don't Let Friends Rent Their Primary Residence
I know there is a lot of discussion on house hacking on BP and it can be a great strategy, but renting out a house that was purchased as a primary residence is a good way to go broke. I've recently gotten a phone call...
Huy N.
How I flipped my way through the 1st deal with one hand
After all these months watching HGTV and reading books. I was finally able to pull out a modest profit on my 1st flip deal. I’m grateful that after all the startup cost and unexpected issues, I was able to come ou...
Troy Zsofka
The 2% Rule: Why new investors should be EXTREMELY wary of it
“The 2% Rule” seems to be a fast favorite among new investors, and since I’m a tell-it-how-it-is (or at least tell-it-how-I-think-it-is) kind of guy, I figured I’d write a post to call it out.Before I go into why I th...
Nathan Gesner
When do you handle a bad tenant?
I'm not referring to eviction!I'm talking about tenants that are always walking a fine line. These are the renters that cause death by a thousand cuts, small infractions or problems but the sheer volume becomes a regu...
Liam Talukdar
Maximizing $125K Investment: Commercial Apartments, Business or Single-family homes?
Hello experts,
I hope this message finds everyone well. I recently sold my rental property and now have $125,000 available for investment. I am considering a 1031 exchange to purchase a commercial residential apartme...