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...
I had a rental house in Kansas City come vacant in January and hired a handyman ..in process of trying to become a contractor (he had recently formed an LLC company)... to replace some tiles and paint...simple job and...
When I help new investors with buying their first property I often want to know what is holding them back from pulling the trigger.So I'll ask here. What is holding you back?
I received this text this morning from one of my tenants..."Good Morning, Mike! We have been seeing a TON of spiders and bugs in the house, and were wondering if it would be possible to get it sprayed. Please let me k...
This is not to be apocalyptic but to bring back to the front of people's minds a tradition that seems to have been lost recently. People used to keep pantries with significant stores of preserved food on hand in the ...
I'm only a couple weeks into researching real estate. Well, I actually own a home and rent it, but that is besides the point. I'm just trying recover an unwise past investment. Hopefully my current refinancing goes th...
Investing in real estate is categorically different than investing in stocks/bonds and other customary financial planning tools.
It is buying a small business. This fundamentally changes how you should think about t...
I have realized I really do hate this website. Let me explain.I am brand spanking new and just learning at this point. I haven't been able, due to family situations, to truly do more than just learn. (and I am gettin...
Hi,I have 5 flip-to-rent properties, and i have a day job as well ... I just refinanced a property and my loan officer said I have a "high debt to income ratio of 48" What does that mean? How do I get this down? I am ...
I am a general contractor that partnered with 3 investors to flip a house. We all agreed to hire my company to do the renovation and agreed on a set budget and got a contract by my company. My company completed the re...