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Results (38)
Demetrius Gatling How does he do it?
6 April 2016 | 1 reply

Hey bigger pockets!!!!! I have a native in my hometown who has 20 plus properties. Did I mention that he's only 34. How does he do it? A commercial loan doesn't allow you to purchase that many. Most the homes he's buy...

Jinwoo Lee New Member in Bellevue WA
29 October 2015 | 20 replies

Howdy fellow BP members !My name is Jinwoo.  I am working as a game developer in Bellevue,WA. I was reading the forum posts for a while, learned a lot and finally decided to join in.As for real estate experience, pur...

Andy More Expense Ratio?
18 May 2010 | 9 replies

I believe you do your own management and maintenance. How does that affect your expense ratio? Does that take it down to 40 or 35% on average??

Also, is there any maintenance/repairs/improvements that you never do yo...

Collin Hays Games Insurers Play
21 August 2024 | 6 replies

I've had a property insured with American Modern for a number of years.  In fact, most of my properties are insured by American Modern.
At a recent renewal for one of my properties, I got a cancellation notice from A...

Jim K. FOUND: $642K and gold behind a water heater
3 June 2024 | 56 replies

Hi, I recently bought a free-and-clear house at the local tax auction for $25K, When I claimed it, the former owner had left everything in place and it needed a cleanout. So my guys were down to the basement and looke...

Johann Jells What is a reasonable cost for a CPA?
12 April 2022 | 5 replies

My wife hates our CPA. We don't get much advice, he's disorganized, and the last straw was him sending out a group email to 200+ clients exposing everyone's contacts! That's like a 1998 internet mistake. I would never...

Donald Howaniec Why some persevere and others don't.
27 April 2016 | 7 replies

In listening to podcasts (famous four questions), the question is asked why do some succeed  while others fall to the wayside. The answer in most cases is perseverance. Keeping your hand at the plow and going forward....

Bill Morris Process Debate - Finding First Properties
15 October 2014 | 14 replies

My wife and I are trying to find our first rehab. We have done tons of research and have 3 realtors working with us. My wife is getting frustrated and wants to immediately go to bandit signs, yellow letters (list sour...

Chase Spitzer Slum lord or Wait.
18 September 2013 | 24 replies

I am 25 with 3 rentals and a home my father lives in.

My first two rentals are kind of "slummy" not a part of town I would live in, but not great.

Property #1 - I paid 12k for one and it rents for 300 (...

Kurt Hines Am I getting my small MF costs right?
9 November 2017 | 28 replies

Hi All.  I'm looking at a couple multifamily properties in Northern Michigan (local to me).  They don't seem like good buys, but I'm concerned that I may just have my expense numbers wrong.  Below is one of them.  Am ...