So i see a lot of people ask what to use when estimating a vacancy rate or a cap expense rate. And a lot of times on pro-forma sheets a vacancy is listed at 5%. I just can't comprehend how that is a realistic number f...
What are some lessons y'all have learned from your rentals that you think nobody should make? Best things to put in your leases?
Hi fellow BPers!I know you're probably confused why I put this post in the success stories category. Hear me out friends! This is a HUGE personal success to me.I just wanted to share the biggest life-changing (some ca...
Hey guys,the background check that I ran on one applicant that I have returned with 2 housing claims in one year. As I confronted the applicant with these claims, she was surprised and claimed that it must be someone ...
What did you accomplish?
Your best success?
Your biggest mistake?
What did you learn?
Did you achieve your goals?
Hello all. I have had a 4br/2.5ba house on the market since 10/09 with no offers. I originally had it offered through an agent who basically just stuck a sign in the yard and put it on the mls. I had about 15 peopl...
I’m thinking about selling my single family house To buy a 4plex to “house hack” but I wanted to know would that be a good idea? And if so what are the headaches I’m going to have to deal with ? And if so if its possi...
Currently live in San Francisco and would like to purchase rental properties in other cities. I have looked into a few cities denton tx, kansas city, and columbus oh. Does anyone recommend a city to get started?
Hey I’m starting to do cold calling for pre foreclosures in my local area. Anybody have any scripts they recommend or how I should start out in the conversations?
Hi All,First off, thanks to anyone who has any type of insight here, it is greatly appreciated! I am 36, own a very successful Air BNB at a local ski hill, and am in the process of looking into the best way to get in...