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20 November 2017 | 2 replies
Do you perform regular property inspections?
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7 November 2017 | 8 replies
Is Wash U, UMSL a good opportunity with a property manager.
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14 December 2017 | 77 replies
It has been power washed and repaired where needed. :( It was the best that could be done.
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2 December 2022 | 72 replies
My opinion is that if you were to do some part time job for that 8 to 10 hours, or take on more clients in your regular business and save a couple grand more to buy a rental that cash flows well, you'll be able to build the wealth you want, albeit probably much slower.Also, one of the head honchos here at Bigger Pockets has a book called "How to Invest in Real Estate with Low and No Money Down" which gives a ton of ideas on what you could do.
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28 December 2017 | 6 replies
Bryan Cork Reach out to Linda Weygant who is a regular on the BP forums and an all-star CPA.
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16 December 2017 | 5 replies
She washes all sheets and towels and makes beds.We have 5 beds in our 2 story 3 bed, 2 bath, 1700 st lake house.She also takes all the trash as we don't have trash pickup.Have had numerous people say how clean the house is.I just text her when I need house cleaned.If you pay a service you minimize your risk while paying for all the overhead.I got lucky finding a responsible person who does a great job for a great price.
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2 October 2017 | 7 replies
In short I said if a deal doesn't cashflow with a regular downpayment % such as 20-25, throwing more money into it won't make it a killer deal.
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11 February 2018 | 10 replies
There are definitely others ways to finance and perhaps get better returns, however, as I mentioned, this is assuming you would be using a regular conventional loan with 25% down payment.All real estate investments are on a case by case basis, make sure you run your numbers well, you must perform your due diligence on whatever investment property you purchase, as these numbers may apply to some but not all properties in Newark, NJ - Essex County.
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15 May 2020 | 15 replies
My vacation rental is 30 minutes away and somewhat remote so it's not checked regularly in the winter.
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11 October 2017 | 7 replies
When receiving cash, always provide a receipt and make sure it itemizes what the cash covers.Unless there is a legitimate reason to provide the tenant with a receipt, we don't.We've only had one tenant request regular receipts and it was to show her case manager, related to monetary support she was receiving.