Yishi Garrard
What % of gross income for expenses?
Hi,
What % do you use as your "rule of thumb" for estimating annual operating expenses when evaluating an income property? Here in Tucson, AZ, most properties that I manage for clients are running between 20-28% expe...
Joe Jackson
Feedback / suggestions on my rental investment returns.
I read through a few posts here, trying to see what returns people are shooting for.. and most don't fit my situation. I made my money in tech, and want to be able to not have to worry about money for the rest of my l...
Marshall Rousseau
Didn't include no-pet clause In the lease - could be problematic
This has not yet developed into an issue, but I feel like I may have screwed myself over. The tenant knows that she is not allowed own any pets on the property because it was made clear in person and when the unit was...
Tariq Hakeem
12 Ways To Meet And Welcome A New Neighbor At A Distance
12 Ways To Meet And Welcome A New Neighbor At A Distance
Being the new kid on the block can be intimidating or lonely under any circumstance. Since COVID-19 struck and turned our world upside down, close to 4 billion...
Adriana Medina
Questionable Prospective Tenant
I told the prospective tenant I was going to complete a background check and she said it should be clean. Background check came back with 15 collections (including from apartment complexes.) When I told the prospecti...
Stephanie Cortez
First multi family
Hello! I am feeling really anxious concerning a potential buy and want to know if I am making a good decision. I am closing on a duplex in booming West Philly which has a bonus unit in the basement. I could potential...
Niaja Farve
The Accountability Post
For awhile now I have had goals around real estate and really have progressed as far as I would like. This post is meant to document my journey to hitting my real estate goals as well as holding myself accountable. Go...
Aaron Peterson
Direct mail marketing
I’m sending out about 2000 letters (just one piece of paper inside). Should I put return labels on them?
Omar Johnson
Rapport: The Ultimate Marketing Tool
The ultimate purpose of any marketing effort is to persuade your prospects to do business with you. Gaining the trust and commitment of a prospect is a necessary step to gaining a client. In order to become a client...
Christopher V.
Life Advice - Beginning My Real Estate Journey
Hello all,First of all thanks for taking the time for reading this. My name is Chris and I'm 26 years old, currently living in the NW suburbs of Chicago, IL. I recently got engaged, so I'm at that point in my life whe...