Mike Kruser
What makes a slumlord
Ok for the landlords out there question.
I did math on a bunch of properties and saw in my area the only way to make positive cash flow on a property is that it starts around 6+units which is like 800k starting, and t...
Faisal Sami
Experienced Out of Town Landlord vs. Property Manager. Who wins?
Who would have more BOTTOM LINE PROFIT at end of the month?Experienced Out of town landlord vs. "turn key" Property manager ?Assumptions1. Each has EXACT same hypothetical properties to manage2. Properties are in "C" ...
Rob Jones
PM Company Making me Pay the Utility Bill
Hello BP,I'm in a situation that I'd like to hear from other owners on. The PM company I use placed a tenant in one of my properties with a lease start date of May 1st, 2019. The PM company told me everything checke...
Stephen E Drew
Wholesale Contracts And Leads
Hello Everyone. I was hoping to talk to any of you amazing seasoned investors about wholesaling. I have been debating on buying a wholesale course online with Brent Daniels who seems to have a great thing going on in ...
Chris Bruce
Probate Best Lead Source
Well once again another probate deal closed. What I can say, I love these deals. There's no seller resistance 9 times out of 10 and I get these properties 30-40 cents on the dollar.
If your wholesaling this is def a ...
Jon Klaus
There are just two months left in 2014, what will you accomplish?
The next few weeks look a little crazy, with 7 closings, mostly on the sell side. I need to plan and start another buying campaign. Also need a shovel ready deal in Austin, ASAP, to keep the crew busy. Looking hard...
Bill Gulley
HEALTH CARE LAW UPHELD
It's law, the Supreme Court held that the Affordable Care Act (Obamacare) is valied under the taxing authority.
Yes, I know healthcare is one word....
However, states can opt out with the Medicaid portion. Now what?
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Chris H.
I would like to become a Hard Money Lender. Any resources?
I would like to become a hard money lender.
I have the customers on both sides and a specific business model. I can sell it.
I have the cash reserves myself to lend, as well as know both individuals who want to fun...
Jonathan Johnson
6-unit apt, all vacant, cat-lady "tenant", distress Landlord
Hello all,Long time lurker, first time poster so be gentle.I live in a small college town and I found a 6-unit apartment that I'm considering purchasing. I have a friend currently renting there ($600/mo) but he's movi...