I know those areas take the biggest hit during the downturn and are last to recover.

That's my biggest regret in this business.

One of the biggest costs to landlords is turnover.

My biggest lessons learned here were:1) Have more than enough reserves than you think you might need (or quick, reliable access to other cash)2) Know your standards, and stick to them3) Don’t give up long-term goals for short-term gains4) Have an exit strategy/mitigant in place for weak(er) tenants if you do accept them or are in your tenant pool due to geographical location.

This is due to so many people getting into the business here that don't know what they are doing and can't handle the hassles of dealing with the city.Perhaps the biggest factor is Baltimore has stableinzed somewhat and isn't loosing population as fast as it was.It may have truned the corner and gaining population slightly.

Hello BP,

I am new on here and want to gain as much knowledge as I can about real estate. My goal is to buy rental income properties and create passive income in the process. I want to start out small to ga...

I just hope there's a name change coming down the pike (Physician Associate).MY biggest dilemma is that I'm not sure whether I should settle for Respiratory Therapy and start pursuing real estate on the side, or pursue PA school after I finish and put my dreams of investing on the back burner.

The biggest issue with people on this forum who talk about wholesaling is that they focus all of their attention on finding sellers, and mention almost nothing about building a list of buyers.

For MFR, use a conservative vacancy rate and make sure you're ok floating it at that price as well.And my biggest piece of advice is, if your gut tells you something is wrong or you don't feel comfortable (for whatever reason), listen to it.

Since my partner and I have full time jobs (and manage our growing rental portfolio) time was our biggest constraint (and money).