My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
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Hi BP community!I'm just starting out in REI. I'm looking for thoughts or feedback for me on what it means to be "socially responsible" when it comes to REI and property management. Anyone think I'm being naive? :)I p...
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There's a lot of press going around about HUD suspending foreclosures on homeowners and many states and cities no longer processing evictions. I can't agree or disagree with the politics and/or health reasons for this...
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I have a unit in a tri-plex that is available to rent. I had a tenant call to see the property. Everything seemed good, they looked good and showed up on time to the showing. The only problem is when I sent them over ...
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Where should I draw the line? Always, a few days before rent is due I get a maintenance request.My tenant is a self-described handy person and he also works in an appliance repair and sales shop. He is the first tenan...
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I have a funny tenant story. I need you guys to tell me how you would deal with it since its an example of the little expenses that can eat up your profits.
My tenants were complaining loudly and often that their ho...
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Would be very interested in some feedback. I've been managing apartments and houses for nine years and this is a first.
We hired someone to trim the hedges at one of our properties. While trimming, one of the resid...
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In 2010 I had the rose colored glasses knocked off my face hard and I am trying to understand why and how there is such Happy Talk right now about the economy. I am trying to figure out if it is my pessimism based in...
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This is the BEFORE chart for today below. (source: https://www.mortgagenewsdaily....) ... in about 20 minutes we find out if we raise .25bp .50bp (expected) or possibly more. I wonder what this chart will look ...
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Economic Update
(Monday, November 9, 2020)
The election is finally over. Now we can return to ...