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Hi BP! I wanted to share my rookie mistake. We have purchased two SFH with inherited tenants. The first was in February and the second this past month. While we were closing on the second rental, we did a new lease fo...
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Can anyone help me with a quick overview of how to wholesale deals off of MLS?
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Hi BP'ersHas anyone ever come across restrictions on short term rentals on a deed? I was getting ready to sign a contract (in Sullivan County, upstate NY) when my lawyer informed me that it had this restriction. This ...
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Ken McElroy says sell off all of your non cash-flowing assets; the market is not great; I must invest out of state; and I only have a HELOC, costing me 8% to use as a down payment. What the heck do I do, who do I trus...
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Do you reward your Residents at their lease anniversary, if so how?One of our policies is to reward a resident at their lease anniversary with a gift card to a very large national retail store in our market. The longe...
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Does anyone recommend a good carpet for a rental house that I am renovating? I am doing wood laminate downstairs but I need to carpet upstairs bedrooms.
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I see on most of the Bigger Pockets blogs, podcasts, or webinars that when analyzing a property and its expenses, many times utilities such as water/sewer/garbage, electricity, gas, etc. are thrown into the expense co...
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I'm a new investor that just purchased a rental property in Irvington NJ. I have since been warned to get out of the property and that Irvington is not the place to be due to high taxes, tough neighborhoods, and hig...
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I have credit card debt that I'm desperately trying to pay off. I have a full and part time job but, it still feels like I can't catch up. I was debating about giving a certain credit repair company (I would name it b...
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Guys, i have been actively hunting down for a SFR property and came up with following analysis after doing BB Rental Property Calculator on a brand new SFR:COC ROI = 2.78% when i have estimated:1% Capex, 1% repair, 1%...