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Results (10,000+)
Johnny McKeon Seller financing on 6 unit apartment in PHX East Valley
6 June 2021 | 38 replies
It took a month and half to complete, listed it online and had quite a few requests and had it rented by Jan. 1st at $899 per month which was above my rent projections.and then apt#2 moved out end of Nov2020 but this time gave me a notice. 2 vacancies at the same time was stressful as hell because before hand everybody was saying they want to stay but I had to stop and realize this is actually part of the plan and a great thing because if I only buy value-add Apartments because it creates equity and if value add is a function of improving the income then I can only buy a property if i can improve the income.
Christian Petrozza Landlord responsibilities and Legalities
2 September 2020 | 9 replies
My lease (PA) says the tenant will agree to accept the property if heat, water, and toilet are functional (in a more legal way than this sentence!).
Kourtney Harris Broker Recommendations for a New Real Estate Agent including EXP
3 September 2020 | 10 replies
@Kourtney Harris If you search on EXP here on BP, you'll find posts from me where I was HIGHLY critical of EXP.I was on the receiving end of two ham-handed pitches that were 100% focused on the "recruit your way to wealth" angle. 
Account Closed Should I BRRRR right now with $65k and no job?
3 September 2020 | 6 replies
That is a critical piece of the BRRRR process and being to use the income from the property to offset 125% of the PITI+HOA on the deal. 
Bryce Kennebeck Is Running Real Estate Remotely A Possibility?
4 September 2020 | 9 replies
Maybe have a trusted partner in the US that you can authorize to make those big, time-critical decision if you can't be reached.
Toby Liebergesell Creating a System for BRRRR Out of State Investing
4 September 2020 | 2 replies
Use REI-specific CRMs to analyze and prepare deals, making offers,...I sent you a direct message with tops of general CRMs and REI-specific CRMs.PodioMany investors also use Podio CRM and create their own CRMs based on it, with functions such as analyzing deals, making offers,...
Paul Witte Help me determine my "walk away" point
8 September 2020 | 7 replies
Since it may need some work right away and/or in the first few years due to its age and neglect that could negatively impact cash flow during that time.Most people have a tendency to underestimate expenses and overestimate income so having the numbers as solid as possible before due diligence is over and your locked in will be critical
Bobby Ma Investment Property Partnership
3 September 2020 | 1 reply
Cap ex and such is really a function of the property. 
Shawn Wainsely How are you preventing new tenants working the system w/ covid
4 September 2020 | 6 replies
You can still evict (assuming you've got a functioning court system) for stuff that is NOT non-pay.
Ellie Perlman 5 Key Deal Components Passive Investors Must Examine Closely
4 September 2020 | 2 replies
By improving the overall look and functionality of the building, they’ll be able to increase rental rates as well as making the property more attractive to the next buyer.