As a property manager I'm familiar with many trends in fees/revenue generating practices that property managers charge. Some of these practices do not align the property manager and property owner's interest. For exam...
I am analyzing a deal to buy a freestanding Dollar General with a 6.3% cap rate and triple net lease with ten years left. I was excited about the deal until I visited the property and saw that there was a Dollar Gener...
Just a quick disclaimer. This is a really long post. Also I am also now employed by a self storage operator so my opinion is probably is not objective.I was a professional sale person who "retired" on 3/31/2018 to l...
I sold my duplex and I’m sitting on a pile of cash. Moving forward I will implement the BRRRR strategy to get up to 10 properties, recycling as much capital as possible. I’m excited to move forward in my REI career, b...
On the BiggerPockets website everyone has an equal voice. An equal opportunity to read and post as anyone else (as long as the poster follows the BP posting guidelines of course - which is understandable).I have learn...
I am new to RE discussions nad the BP community. I just noticed people here are VERY open to helping and giving advice/guidance. For some reason... I feel these are red flags, but maybe am wrong. I come from the onli...
Hello all,It's been a frustrating couple weeks for me as I've been making offers to try and purchase a 2nd rental property so thought I'd ask for some feedback and/or tips on how to get better at this moving forward. ...
Dear BP community, I recently bought and rehabbed my first rental, we left it in great shape and its ready to rent. The property is in a nice neighborhood and a good school district. But unfortunately, we are struggli...
I drive a very old sedan. Most of my tenants drive nicer cars than I do. Now that I am considering purchasing a new(er) car that probably will be nicer than theirs, I am wondering whether to keep the old one to commu...
Let's set the tone straight; most people don't get into the rental business because they like to manage problematic tenants, deal with leaky toilets or attend eviction hearings.Most people follow traditional investmen...