Samantha Otero
Calculating Profit Fix and Flip
Hi everyone!I'm currently looking for my first fix and flip property in St. Louis, MO. There are so many deals but I am struggling with calculating my profits using the BP calculator. I used the 70% rule formula, but ...
Sumit Kaul
top things to consider to buy out of state rental properties
new to this forum and wanted to know 1. What are the strategies to buy and manage rental properties out of state ( I am based in CA). What checklist or items should we consider before investing out of state so that it...
Collin Wilson
Fire in SFH Rental - Renters Insurance
Hi All! 2 weeks ago I received an early morning call that my SFH Rental Property caught fire. The Fire Marshal determined the Fire was caused by the tenants improperly disposing of a cigarette. The tenants confirmed...
Sarah Baniewicz
What side hustles have you done?
What side hustles have you done to earn extra money to purchase a first real estate property?
Matt Smith
Garbage disposal
If a garbage disposal stopped spinning but makes a bit of noise showing the electricity is on (likely something is blockage it but unsure), who is supposed to pay for the technician to repair it: the landlord or the t...
Cory J Thornton
Jumping in the RE Deep end ... need a software recommendation
Hey BP community!
Over the last 6-7 years my wife and I have had an on again, off again relationship with RE investing. It has only been in the last two years that we decided to get more serious about making RE a me...
Lois Ginter
Lease Agreements for Month to Month Low Income Tenants
I have been reading a lot here about what to include in lease agreements, and like the idea of setting expectations up front to tenants and exercising consistency with the rules. I also believe that having a comprehe...
Luke Glaze
Stuck and Need Help
Hello fellow landlords. About 6 months ago I made an offer on a large triplex and shortly after the owner went into bankruptcy. Lawyers representing the people she owed money to contacted us and asked if we were still...
Nick Brubaker
What paperwork do I need in hiring contractors?
Hi everyone.I purchased my first property last week and have settled on my scope of work and the contractors I will use. I am hoping to have them actually do the work in the coming days. I am wondering though, what ...
Account Closed
?How much should one pay for a 1st position NPN?
It would seem that if the formula for buying a fix&flip is 70% x ARV - Rehab, then the formula for buying a NPN that you intend to foreclose/fix/flip should be x% x ARV - Rehab, where x% is less than 70%, but w...