Hello,I am completely burned out on finding deals using bandit signs. I would like to create a system that is more targeted and scalable & have decided to test out direct mail to tax delinquent properties. Tryin...
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Hi everyone! I am in a big jam, here's my situation....One of my recent aquistions was a 12 unit apartment building. After the 1st month, I received an astronomical high water bill/sewer. Where I purchased this buildi...
My experience:
I've done a lot of mailings in the past to owners of vacant properties that I've found while driving neighborhoods and for out of town owners (compiled from county appraisal data). The mailing sizes w...
Hi Everyone, I am looking for obstacles that are holding investors back from accomplishing their first deal. Leave some comments below and I will do my best to offer insight. -Thanks for your input Sterling.Other expe...
Hi BP and Thanks so much for all of you on their, previous, current and future helpful information,I purchased a very small 2 bedroom 1 bath 850 sq ft ranch, Fixed up entire house inside-out.Had in a span of less the...
We sold our largest self storage location. See separate post. Wanting to reinvest back into the market so we do t lose out to inflation. Part of the funds we are closing on a five acre future Storage location. Will ...
My PM firm is located in NC and we manage just over 800 doors. Our management fees have gone basically untouched for the better part of 10 years. Our firm has a very simple fee structure that includes 8-10% of RENT CO...
I’m consistently asked if I am a “private” landlord, or whether or not I own the property. While I never volunteer the information, I don’t lie when asked. Why is it important to tenants to know if I own the place or ...
Executive Summary:Because of the real estate I own, and prospective potential purchases, I wanted to know more about where we are in the real estate cycle in the SF Bay Area. Inspired by great students and researchers...