Hey Guys,
I mailed 2500 "I want to buy your house" postcards to absentee owners last Friday.
The postcards hit today and I've received 48 calls. Three sellers left messages and the rest are hang ups. Two sellers wa...
One week into my journey and I'm starting to analyze deals. I found 80 units / $5M / 95% occupancy / 6.11% cap (claim) / $305K NOI / also included in the listing is comps stating we can get an extra $200+/ month. I fo...
I am a landlord in Maine and for some reason cannot find a clear answer to this question. I am wondering if I am able to evict my tenants, with proper notice, to move in to my own property. I am leaving the situation ...
Hi BP gang,I find myself in a strange predicament. We are under contract for a house that had an advertised rent with an advertised rented out period. "Fully rented until 2016!" Yeah - I know - should have seen it co...
Hey, just had a question for landlords out there to see what everyone else would do in this situation... We have a tenant who has been on time or early coming up on 3 years now and keep the place in excellent conditio...
In your opinion; How does Donald Trump's presidency affect real estate investors confidence levels on both a micro and macro level?
If you raise the rent every year, do you always need to fix something small on the property to justify you raising the rent or every other year you dont have to improve something and just tell tenant raising rent for ...
Greetings BP'ers.
I'd like to get some opinions on this, to see what other landlords might do in this situation/current environment etc.
I have a:
Self-managed, out-of-state, fully paid off rental.
Area Market ...
Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...
Hi BP,This is a long overdue intro post. I'm Ryan and I'm a victim of recency bias. See the thing is we all either got slaughtered personally or had friends/family get slaughtered in 2009 when that once in every ~70-y...