Eric Hathway
Tenant late fees go to owner or manager?
I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...
Rich Weese
Obama LOVES redistribution of wealth-even if NBC won't admit it!
Those that actually read news and watch actual news programs (doesn't include NBC and msnbc) have heard the tape of Obama "loves re-distribution". WH has admitted tape is accurate, but andrea mitchell says nbc can't v...
Tyler Erickson
Millennials aren't buying homes - good or bad?
As many of us are aware, millennials are more apt to renting rather than buying real estate. They (we?) are replacing baby boomers at a rapid rate, and are right behind Generation Z... Of course, Generation Z still ha...
Joe Butcher
Defining "motivated"
Have been getting lots of calls since starting my yellow letter campaign. No deals so far, as the sellers (or potential sellers) haven't seemed that motivated to me.
Maybe it's my expectations? Maybe I was ex...
David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
Let me start by saying I am all in on RE. I have an MBA, spent years learning about RE before I pulled the trigger. And when I did, I bought 5 houses worth over $1M in 18 months with only $100K of my own money. So I f...
Adriel Hsu
How I Made 12 Deadly Mistakes & Still Broke Even on my First Deal
My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...
James Wise
HELP! I can't Find a Reputable Contractor to Rehab my House!
How many times have we seen a post on Bigger Pockets with a new investor complaining that they can't find any reputable general contractors to rehab their houses? Often times, these investors are looking for general c...
Ahmad H.
Retirement Planning with Real Estate
Hi BP!I've been heavily investing in RE for 2+ years and I often try to extrapolate the future based on my basic experience. The latest of those extrapolations is to calculate how much net rental income is needed to s...
Dean Hunter
Passive Investors - What is your minimum ROI?
Multifamily Passive Investors -For those of you here who are passive investors in multifamily properties what is the ROI you are looking for?I am preparing my first offering and want to offer a generous preferred rate...
Erik Lindquist
Over priced market
I am living in a market (Marin county cali) where everything is going for well over asking, some of them 200k over! I am a newbie and it does not make sense to even start here when everything is over priced. There are...