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Hi Everyone, long time lurker, first time poster. I recently purchased a 6 bedroom/2200 sq ft. house near a small university in our town. The contractor that bought renovated it himself with the thought of putting co...
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Hi everyone,I have heard mixed opinions on this topic and I would love some input from all of you. One of my tenants is a licensed electrician and is willing and able to do some small jobs for me around my new rental...
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Seems to me when I look into buying a 60k house it comes with issues it's potentially on its last leg in a neighborhood that is consistent with the same issues in the same price point.
When going up to 100k you are...
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I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
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Greetings BP!
I'm new to the real estate community and i'm looking to getting into real estate investing. From what i have concluded, real estate investing takes quite a long period of time before you start t...
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We just completed one of the more important guides for landlords and I thought it important that we make it visible here on the forums. These are both MUST-READS!
Tenant Screening: The Ultimate Guide
At over 5,000+ ...
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We are all familiar with issues related to service animals (specially trained and certified dogs) and assistance animals (such as emotional support animals of any species or breeds).This post suggests a compromise res...
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I realize this is a totally subjective question but I’m going to ask it anyways. What’s the magic number for single family homes? How many is too many? How many for maximum efficiency? What’s the most you could self m...
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It seems these tenants feel a sense of entitlement for not paying the rent. They think life problems they have created with their own choices should be solved by a landlord's pocket book.Economics and running a busine...
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If you haven't heard about the Freakonomics bit on real estate agents and how their incentives aren't aligned with yours, watch this 3 minute video here to get some insight into the problem.https://www.youtube.co...