I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
I see John Fedro's post that Oklahoma requires a Mobile Home retailer's license . This has just further confused me. I found a deal to buy a mobile home and the seller is extremely motivated. However I'm hesita...
Hello everyone. I'm new to owning rentals, I have 2 duplexes (Newburgh Heights and Shaker Heights)I had a very good relationship with my property manager until recently. He was always slow to send things like invoices...
Hello BP Members! I write a regular column for BiggerPockets Wealth Magazine on people's "Biggest Mistakes" in real estate. Do you have a "mistake" story and lessons you learned from it? I'd love to hear it! (Thanks t...
So about four months ago, my business partner has an inside track with this HUGE DEAL! It was a Spanish client of his, whose husband passed away, after a legal battle with her late spouse's family, she won the right t...
In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...
My husband and I invested in a property with Mack about five years ago. We intended to do several but within the first year it started going bad. Awful tenants, evictions, drops in rent. Nearly impossible to get an...
Hi everyone! My name is Aaron Yates. I just found this site a couple days ago but have been glued to it for 3 days now. I love it. I needed this years ago so my venture could have been a lot easier for me to get where...
If you haven't heard about the NAR Lawsuits and how the DOJ wants buyers to pay their own agents, google it before answering this question b/c we don't need your confused self all up in this thread talking all that bu...