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Do rents generally go down in an economic downturn? If you are underwriting a property do you consider that the income may actually decrease (if so by how much) or do you think worst case scenario rents are stagnate?
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My wife and I both have 800+ credit scores (thanks Dave Ramsey). No debt besides a mortgage for less than 50% of our $300+K primary residence. (Thank again Dave) $90K combined income. Recently caught the REI bug a...
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I currently manage 18 units and will be adding 10 or so this month. I don't have any software now other than quick books. I am looking to see what everyone is using, how they like it and what they recommend. Thank you...
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About 10 years ago, Friend A (on advice from his CPA) and an IRS rep both told me that I should strive to not have a loss on my rental property for more than three years, or no more than three out of ? years (not sure...
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Hey guys,
I’m always reading posts on people’s achievements within the world of real estate, but I rarely hear about people’s extra circular accomplishments. I hope there’s a place for this post in the community.
I’...
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I'd like get an idea of who will be attending the expo in Baltimore this coming weekend. Has anyone attended a REI expo before? If so what did you think?
We could have a meet and greet afterwards on Saturday over dri...
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I am installing granite in my kitchens. My install guy will charge $75 less if he doesnt have to polish the sink cut for an undermount sink. I am not worried about the $75 right now, but more worried about the long te...
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Hi everyone,I just opened escrow for a single family home (two story, split level) in San Diego and during inspections yesterday some serious issues with the raised foundation were found, the house is partially on a ...
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I’m looking for recommendations for property management companies in Killeen. We are looking to purchase a 4-Plex. We have accepted offer, in due diligence phase. The current PM on the property has not done a good job...
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Hi Everyone,Just wanted to introduce myself, I have been listening to a lot of BP podcasts in the last year or so and finally got around to joining the forum.About myself,We moved to Atlanta fresh out of college for m...