I'm brand new at this but it seems that using a percentage of the rent to set aside for CapEx doesn't seem to make sense. Let's assume I buy two different 1,500 square foot houses and one rents for $2,000 per month a...
I've been seeing a lot of folks around BP that seem to be here with the express purpose of quitting their jobs to invest in real estate. The problem that I see, however, is that many of them seem to think that they ca...
It's the age old dilemma. The nicer (and higher demand) areas are more expensive but command higher rents. The lower end areas are cheaper but demand more repairs/updates and are harder to rent out. I'm in Dallas and ...
I am interested in rehabs and considering doing the work myself or have friends who have experience help. Am I putting myself at risk for damages/injuries if my friends are not licensed and I get sued? Ie, replace/r...
We have a new-to-us class c quadplex in Avondale in Cincinnati. Tenant A moved in 1 Feb. Tenant B moved in 5 Mar. Tenant C moved in 7 Apr. Tenant C reported on Apr 10 that she smelled marijuana so strongly when she w...
Last night I got a confirmed closing date for this Friday on my first duplex, and then this morning the seller agent has informed me that one tenant put in verbal notice on the 15th May (last week) to vacate on 15 Jun...
Hey everyone!Curious to see how people have overcome the debt ratio hurdle. I'm a relatively new investor focusing on buy & hold, and very passionate about real estate. I'm about to close on my 4th property and wi...
I'm very new to the idea of investing in notes generally, and I have a question regarding non performing notes specifically: I feel like I heard/read somewhere that it's not legal (or not ethical?) to directly contact...
After months of reading and researching throughout BP, I've re-evaluated what I'm looking to do with my RE investment goals and am aiming to purchase my first property this year.Basically, I am looking at out of state...
Hi guys - I own mostly one up one down duplexes (plus a couple of triplexes & a quad) in and around Appleton, WI. These are older (normally 100 years old) in urban core areas. I rehab them within reason, alth...