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19 April 2020 | 5 replies
If going through eviction process, hire an EXCELLENT attorney.
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29 October 2020 | 3 replies
The results have been excellent and my occupancy has been quite high through different seasons.How did you find this deal and how did you negotiate it?
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22 April 2020 | 4 replies
Excellent point about Motivation!
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2 November 2021 | 6 replies
Make up a quick Excel sheet listing all of them and then all of your criteria such as interest rate, LTV, are there closing costs, etc.
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10 December 2022 | 9 replies
I would get @Brian Burke’s excellent book The Hands-Off Investor to teach you how to vet the best syndicators and deals.
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4 September 2022 | 10 replies
I open up a credit card specific to the property and put all expenses that I can on that.Use an excel spreadsheet to teach expenses, there are plenty of templates around online, you can look for one you like to work with and modify it for your needs and to match IRS expense categories.
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10 November 2022 | 13 replies
Excellent points.I wonder how many people get into this due to all the hype and then get out when they aren't making much money for the work because they didn't buy the right property at the right price.
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18 September 2022 | 15 replies
@Mike PerezMetro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties.
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6 September 2022 | 9 replies
Hello BiggerPockets Friends,As a small property owner (5 properties or less), what is a basic path of least resistance for tenants to pay rent digitally?
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27 October 2022 | 25 replies
I have zero debt, an excellent credit score, and a stable W-2 job in Civil Service.