I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...
Just received an accepted offer 10 minutes ago on an 8 unit property. They were refusing to allow an inspection so I ended up waving it after talking to an experienced real estate investor based on his suggestion. Fou...
I am currently saving up to buy my first property (a househack) while finishing grad school. I have a job lined up in Dallas, which is theoretically great for long term appreciation. However it's also highly competiti...
I currently earn a six figure salary at a pretty non-pressure, but full time, job. We have 4 small children and would like to have more. So we've been trying to build our rental portfolio so that I can replace my in...
I've seen so many forum posts advising NOT to give any money to contractors upfront - because so many people have been ripped off by contractors. I've seen many responses from contractors, saying they've got to buy ma...
Hello BP,I'm in a situation that I'd like to hear from other owners on. The PM company I use placed a tenant in one of my properties with a lease start date of May 1st, 2019. The PM company told me everything checke...
Hi All,I have a potential flip that needs a new kitchen. Who do you use for inexpensive kitchen cabinets? Big box store? In the past I had an awesome custom cabinet guy but I've moved to a new area and don't have o...
You always hear about rental properties as passive income. Well I totally disagree. Even with PM in place, there are still many active activities when it comes to direct property ownership. Yes, it does take several t...