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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...
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Hi All, Noob out of state investor and this is my first investment property. I recently closed on a duplex in OH. Both units were being rented. However Renter 1 stopped paying rent during the ownership transition.Prop...
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Hi thereI came across morrisinvest.com the other day after listening to Claytons podcast. The whole idea sounds really reasonable, but I still would like to cover all my bases. Does anyone have any experience with the...
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I will start my two rentals paid one was actually 3 days early.. tenant works for the DOD in area 51 high level 100k plus 750s plus fico.A class rental in Vegasother tenant is in Mississippi my last Go zone house I ...
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In March 2015, we worked through Maverick Investor Group to purchase a property in Birmingham, Alabama. The Seller was Birmingham Income Properties - owned by Brad Lewis and Bryan Conwill. Property Management would ...
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How will the actual crisis impact the real estate market in your opinion?
The fact is that , justified or not, the crisis has already hit many businesses including hospitality & tourism, transportation, financial...
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Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
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I’ve just finished reading “The Color of Law” which is an eye opening look in to government sponsored segregation through housing policy. With section 8 being an actionable step in the right direction, why are some la...
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So I owe two homes that I'm renting out, one tenant is paying just fine but the other tenant owes me two months of non-payment and are not paying since she's been unemployed. If she applies for unemployment, she'd be ...
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There aren't enough renters to build demand so prices are dropping. They're dropping so low that Landlords are choosing to keep the units vacant rather than fill them at reduced prices. In August, they warehoused over...