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9 January 2019 | 2 replies
Does this really mean that Due On Sale clauses are effectively unenforceable in Washington State?
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10 January 2019 | 15 replies
My second year in I'm doing fine, cash flowing, but I'm wondering if I should get more selective.
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10 January 2019 | 16 replies
You must maintain high enough screening standards to be able to select the best from the worst.
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10 January 2019 | 24 replies
The properties cash flowed about $1k per month.Last year, which is 14 years later from his purchases in 2004, he had to move out of his apt because his rent is now over $4k from his original $2k per month.His CT Properties cash flowed the same for the last 14 years, about $1k per month.BUT... if you considered that his rent moved up another $2k more in rent, the over all effect is that he was losing money.He is also effectively priced out of NYC and moved to a lower cost area in NJ.
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14 January 2019 | 17 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcast If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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11 January 2019 | 12 replies
It’s a nice cost effective option.
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15 January 2019 | 15 replies
Same goes the other way - if a tenant issues a notice to vacate that takes effect on the 10th, and their rent is due on the 1st, they are responsible for the entire month.Another thing to consider here is your desire to change the terms of your purchase agreement by requiring the unit to be vacant (this is similar to the idea that you should be able to renegotiate the terms of the current lease agreement and require the tenants to stop smoking).
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23 April 2019 | 9 replies
I guess its selective memory issues.
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25 April 2019 | 20 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcast If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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29 July 2019 | 39 replies
You basically can find turnkey type homes on the MLS and a larger selection compared to TKs company inventory.