Operating Expenses seem to be a big shade of gray for investors. Especially for a newbie like myself who has never run an investment property. Do the vets recommend itemizing expenses when running a cash flow statem...
Hello BP Members, I am a newbie in the central Florida area. I have yet to purchase my first property. I have spent the last several months educating myself on general real estate investing, flipping and buy & hol...
I just finished reading one of the most incredible and shocking articles for the real estate investing industry. It is about a "professional tenant" (read: dirtbag) who may just be the worst there is.
If you are a c...
Hi all,
I am in the process of a short sale on my home here in CA. I started keeping a log of what has happened so far and thought it might benefit others if I share what happens. So I googled for a short sale/forecl...
Hi all,It seems some property managers look to charge one months rent to find a tenant, on top of the 10% of rent collected. Is that normal? It seems that a property manager should be incentivised to keep tenants long...
Hey BP fam,Excuse my noviceness but I would love some of you folks that have more legwork to help me decide if this is a deal or a waste of time.Call from a direct mail1800 sq 4/2.5 bd/bth - $120k - $130k - Sold comp...
"The asset class is known for its survival during a downturn, but with so much class-A product on the market, will its reputation hold?"Looks like we're about to find out!I actually think this upcoming recession will ...
Hello everyone, I am new to this. My wife and I are in the process of buying our first investment property, a duplex. we did our walk through today, we love the property however the current tenants are slobs in both p...
Hi,I've heard tapes, seminars and blah, blah, blah, about this particular subject but I've never really seen step by step with actually company names and contact information.
We're located in Northern Virginia. For the past 8 year's we've done very well flipping homes in the D.C. Area. We have cash and we want to put it into cash flowing assets in other markets. The Norfolk area is one ...