It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
That title caught your eye, didn't it?I have 4 tenants in this property.So tenant A & B saying tenant C is smoking pot in the house (I've already given her a warning based on prior rumors). Also, tenant B says ten...
Hey everyone!First, thank you so much for all the support after my recent Podcast episode and the recent BiggerPockets release of the 2nd Editions of The Book on Flipping Houses and The Book on Estimating Rehab Costs....
I have been involved with flipping properties since early 2000s. First subbing out as a carpenter for several local investors and builders. When the market dropped out in 2008. Everyone I knew including myself we...
American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commissi...
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Coming across this website and the Financial Independence subreddit, I've gotten an itch to increase my rental real estate portfolio to start generating residual income. My wife and I sat down together to look at our...
Please forgive the lengthiness of this post.My situation isn’t unique, but there are one or two factors that make this situation, in my eyes, impossible. My father passed three years ago. My husband and I decided to m...
If you are just starting out I suggest you don't fall into the cash flow trap. What is the cash flow trap? It starts with a picture of a guy with abs on a beach sipping a light beer next to a beautiful woman. Then a...
Is factoring in property management into your investment spreadsheet overrated?Cons of property management: I always care about my property more than property manager, lower ROI, and the probability you lose touch wit...