What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...
This blog is not so much of the normal type of blog where I give a narrative on a subject. Instead, it is a request for feedback in regards to property management software (PMS)for rental property. Currently, I am usi...
My very first deal:Purchase price: $205,000Down payment: 11% + 2% closing costsHouse Type: Single FamilySqft: 678 (WHAT? This isn't even a tight market nor a great neighbourhood. How did I get sold this crap lol)Locat...
Hello Memphis investors - This is a quick bit of info to let you know about the Memphis Vacant Property Registry. It is a city ordinance enacted in 2013 to help fight blight in the city of Memphis. Basically, if you...
slumlord is a pretty harsh term, however, let's say-Its a rough neighborhood (some spray paint and busted windows on various bldgs)-A bunch of 2-4plexes on the block-the living conditions of current tenants is bad (pa...
.....howse that "Global Warming" theory workin fer ye? Are those darn "deniers" giving you a hard time now?
They were talking about it today on that dreaded cable news network all the high school dropouts and redne...
For those of you reading this is a bit of a rant/story, followed by a couple questions. Please let me know what I SHOULD have done in this situation, so I can know better in the future. Thank you for reading. Th...
I was driving by one of my properties when I noticed my tenant had a pit bull in her unit of the duplex (spring valley CA). The duplex has a no pet policy.
My property manager gave her a 30 day notice to cure...
I am debating on setting up an LLC for holding my Wisconsin property. I am Looking at getting my second property sometime in the near future. I have read that Wisconsin has a watered down version of the Series LLC l...
Hey guys,I’m relatively new to BiggerPockets and I am having a hard time understanding our current market conditions. I am from Long Island, New York, last summer due to COVID there was lots of cash buyers entering th...