In my city, RE did not get hit really hard like most areas. There are a lot of investors paying cash for the income properties.
Seems like most returns are about 7% in rent.
Even with a 25% down on a property, thes...
Upon selling a rental property that was my school of hard knocks, I find myself with enough money to pay off some but not all of my horrendous debt. I have very little income though, not enough to live off of. I know...
Recently added a bathroom and closet to a rental property - work was mediocre (largely due to GC subcontracting out to someone shady) but everything got done and works - tenants move in this weekend.
Here's the dilem...
Does anyone have a form they could provide that instructs the tenants on proper move out procedures? ie- clean refridgerator/thaw out freezer and unplug fridge, etc
Maybe I'm naive but here's how I think we should have spent the first bundle of bailout money.
1) Take a look at each loan in Foreclosure and see what could be done to get them out of that state. (buy down interest r...
Our first "real" deal, and our market is so hot right now it's hard to get in on anything. so we checked out a Hubzu auction, walked the property, and put in a bid. And we're the high bidders!
now we wait to see i...
So, I actually try to respond to the yellow letters I receive. I figure that everything is for sale if the price is right and it's always nice to form a connection with a someone in the same market. But my goodness fo...
Hello BP,I guess I'm just writing this post so I can clear my mind right now.I'm 23 and I graduated from college in 2014 with a degree in Civil Engineering. I'm a pretty smart guy. I graduated with Highest Honors. I'v...
I want to collect some input from other investors on the best way to handle the strategy of analysis vs. offers. Here is what I mean. Every single day I get leads sent to my email from my Realtor, Zillow, and Trulia. ...
After the interesting discussions going on here at BP, thought I would share a parallel discussion which is ongoing amongst my circle of friends:
During the housing bubble, we were watching. We have some knowledge of...