The tenant paid half the rent and struggles with payments in general, evict and sell the house? The tenant had sec 8 voucher for 2 k, now sec 8 pays $500 only... The tenant cant afford the house. House is in Florida, near Cape Canaveral May sell for 350k, mortgage 2k The rent is 2.5K Interest rat...
Looking for someone experienced to chat with about managing a very strong-willed real estate investor.. preferably somewhere in the Tampa / Sarasota area since I am still pretty new to this market. I have kind of a shark on the line lol.. successful, aggressive, questions EVERYTHING, fights hard ...
Is it possible to buy a house from my boyfriend on a 1031 exchange and then selling it back in a couple years to the same boyfriend? Thank you
I had a conversation recently with an investor who was analyzing a property and already had the purchase price, rehab budget, ARV and expected rent figured out. Then we got to financing. That was the one piece he hadn't really mapped out yet. It reminded me how often investors spend weeks hunting...
Hello BP, I have recently been looking into the land wholesaling space. Is there an app and/or software for using comps before making an offer? Since I am starting out I am looking for either something free or budget friendly. Thanks in advance and I look forward to hearing your responses. All th...
Hey BP Family, I'm an Investment Agent for an off market brokerage in Houston. Lately, I've been receiving mixed emotions from the investors and landlords I work with. On one hand, I receive feedback from investors saying that the market is too terrible to keep investing at the volume they once w...
When you’re analyzing a potential investment, what makes you say “this one is worth pursuing”? Is it the purchase price, projected ARV, rehab budget, location, or the exit strategy? There are a lot of moving pieces in a deal, so I’m curious what experienced investors prioritize first. What’s your...
I plan to attend BP con next year, but as a goal for 2027 I want to make it to 2-3 other conferences also. I generally go to the Urgent Care association conference in mid april, and would like to add a "commercial" type conference. I know there is ICSC in Vegas, not sure I want to go that big but...
Supply, policy and carrying costs are all shifting at once, and the picture looks very different on a national map than it does inside New York's five boroughs. The Apartment Pipeline Is More Concentrated Than Metro Data Suggests Apartment construction may look broadly distributed on a metro map,...
Since 2022, Bay Area multifamily prices have dropped by roughly 25%. With the Fed currently in another rate-hike cycle, asset prices face continued downward pressure. Given this environment, which strategy would you choose? Option A (Execute Now): Acquire a value-add property in a premium Bay Are...
My tenant has left the house without completing lease agreement period and I need to know his new address so I can submit a small claim . He owns 2 months of rent and property damage charges so I went head and fired a claim against them in the court but they need a present address (anywhere in th...
Something that doesn't get talked about enough on the landlord side: every handyman, cleaner, and contractor who steps onto your property is a liability question. If someone gets hurt and their insurance lapsed, guess whose property they were on. I work with property managers and landlords on the...
Hi everyone! I’m just about to graduate college and I will have a solid income post grad, I wanted to start meeting people to build out a team to start investing in PHX where it’s more landlord friendly. Please feel free to share all advice when it comes to what investor groups etc. I should be g...
Hi, I’m Michal. I’m getting started investing in Indianapolis, focused on value-add opportunities and building a long-term presence in the market. Having a trusted local team is just as important to me as picking the right area. My first priority is connecting with an investor-friendly agent who ...
A property can look like a great deal on paper and still turn into a headache. You buy below market value. The ARV looks strong. The rehab budget seems reasonable. The projected profit looks attractive. Then the project starts. Materials cost more than expected. A contractor finds additional work...
I have a 100 year old two flat in a great neighborhood. I'm looking to do some renovations inside & out. I have scope, budget and a clue. I have been my own GC many times. This one is too large for me to handle. Yet all the contractors want to take me for a ride. Promise me one thing and then wor...
Hi how are you doing BP community I have a loan of one of my rental properties with rocket mortgage and they are offering dscr to cash out refi and I wonder if anyone worked before with rocket mortgage they offer $0 out of pocket fee , thanks
Something I picked up working with multifamily and commercial rentals, mostly on the project coordination side: the properties that looked great on paper weren't always the ones that did best. For those of you owning multifamily/ commercial, what came up early on that you wish you'd known going i...
Beginning a furnished rental in Hampstead, NC that will be ready approximately mid-October. 2-bed/2-bath currently sleeps 4 but could push to 6-8 if better optimized that way. It's a small stand-alone newly renovated home across the road from the intercoastal waterway but currently with no water ...
I own one rental and use a property manager. On the last big repair I couldn't tell which line items were fair and which were padded, and the percentage-of-project fee made it worse. Trying to find out whether that's just me. Eight questions, anonymous, two minutes: https://docs.google.com/forms/...
I've been thinking about this more lately. You get a property bought and renovated, and now you have two pretty different paths: sell it and move the capital into the next deal or hold it as a rental and refinance. Obviously, the numbers matter, but it's not always as simple as just picking which...
Hi All, I have a couple rental properties in Arizona and Cleveland Ohio. I just moved to Columbus, looking to network with local folks. I'm considering a 1031 exchange to buy a rental in property in Columbus.
I live in the NYC metropolitan area and am wondering about investing in Ohio or Texas. What are some of the biggest issues you face when it comes to out of state investing and how do you eliminate risks.
Hello, our house is paid off and recently I came across an HEI (Home Equity Investment) from e.g. https://point.com/ In short, a company gives us about $100,000.00 for up to 30 years and uses our house as collateral or safety. So, we don't have to pay any monthly interests or fees etc. The way th...
A lot of flips do not get into trouble because of one catastrophic event. The margin often gets chipped away by several smaller misses that compound. Seven areas I think are worth stress-testing before moving forward with a project: · Acquisition price: Did you leave enough room for the project t...