Rax Gupta
What % of cashflow is considered good for a rental property
Hi All, I am considering buying a rental property. After all, deductions, what percent of cashflow is worth going through all hassle.
Peter Lee
Bank says no counter on Short Sale?
So, 3 weeks ago, I found a house on the MLS listed for $74k, I made an cash offer on a short sale and it was accepted by the seller. Today, I got a phone call from my agent saying that GMAC negotiator wants $90k for ...
Ken D.
Can Security Deposit be used to pay for unlawful detainer?
1 tenant out of a group of 3 refused to pay her last portion of the last month's rent. I tried explaining to her why this wasn't acceptable and she still refused. Her roomates weren't willing to cover her portion o...
John Arendsen
When Will They Start Calling Mobilehomes Manufactured Home?
I have to giggle up my sleeve every time I see the Manufactured Housing Industry continue to shoot itself in the foot. In the last 150 years we've managed to come from a Horse and Plow to a John Deer, from a Horseless...
Austin Davis
Thinking about Solar and Geothermal for 4plexes
Hello!I will start by saying that my goal is to have enough cash flow to support my family if I didn't have a job. To do this, I obviously want to purchase more properties, but also make the correct investments in m...
Duke Giordano
Real Estate Individual Syndicators Morphing into Funds
Hello All,Thanks in advance for your reply. As someone who is knee deep into the syndicator vetting process I have come across many of the well known syndicators that are now switching into the real estate fund model...
Bobby Larsen
What has caused 10-20% rent growth and will it last?
I don't think I've been this cautious in a long time. I think there are still good opportunities but some markets are just bonkers. I'll caveat this by saying it's not just real estate, all investable asset classes se...
Russell Tidaback
Where are all the South FL Members?
If you consider your self a "South Floridian"...just kidding. If you live/work/invest/play in South Florida, lets connect and network to show the rest of the BP members how we do things when we aren't enjoying the...
John Soforic
50 percent rule in my world
In reviewing past threads, I admit being sent into a mild panic over this 50% percent rule of thumb, despite the fact that I am experienced and currently own and operate 41 units... single family and duplexes with ...
Mark Tomes
What don't I know going in to a 6 plex?
Let me get this out of the way first, I have never considered purchasing a multifamily. I own one single family that I have been renting out for 4 years, and just closed on my second property 2 weeks ago. Multifamil...