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If a rental property has $600-700 in rent coming in, is it standard for property management companies/people to take 10% of that ($60-70) or is it common for them to have like a $100 minimum? Just getting a feel for s...
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Tenants submitted notice of early termination, 2 months into their lease, due to military reassignment. I’m using the TAR lease (Texas), and there is a military clause. My understanding of this clause is that it allow...
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As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
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I could use some words of encouragement. For over 2 years, every moment I can steal away from family and my business, I look at homes to try and start my portfolio. Mainly looking for some to Brrrr at the moment. It s...
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Purchased a multiunit - 3bd/1ba & 1bd/baCost: $490,000Down payment: $200,000Renovation Budget: $70,000Mortgage: $2100/month - 30 yr fixed @ 4%Expenses: $190/Month (Utilities, upkeep, and administration) Rental Inc...
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Question for experienced STR hosts: If you are a super-host on airbnb and a Premier Partner on VRBO, you certainly hate 4 star reviews like me. When there is an issue, you proactively communicate with the guest to avo...
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Good morning BP! First and foremost I would like to say that I'm grateful for this site and forums. My wife and I have recently become interested in investing in real estate and have been listening to pod-casts for mo...
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I’m trying to set some financial goals for myself and I keep hearing how I should be specific so that I know exactly what I’m working towards. With that, I want to make sure I’m understanding some of the calculations ...
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You've heard that old adage about a person who tries to represent themselves in a real estate transaction has a fool for a client....
I think the market is pretty strong in my neck of the woods, and I am aimi...
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I'm definitely a newbie at real estate ownership / investing, but I'm in a situation that I hope some better experts can analyze for me. I apologize in advance for the beginner-speak :)Here's my situation:I'm trying t...