Hey everyone. I'm getting intro real estate investing. I have a 6 figure salary and great credit (785+). In Philadelphia, PA, my parents have 3 residential properties, one of them having an attached commercial unit th...
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Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
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Hello,
Who here does not follow the 50% rule when analyzing/purchasing a property for long term hold? There are a few reasons I can see someone not using it i.e. they are relying on appreciation (not my cup of tea), ...
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I knew this would happen eventually, but I still don't know how to overcome it mentally. My goal is to grow my business (currently 3 rental properties) and work on systems and whatnot, yet I'm deeply troubled by one ...
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Greetings,How much and what type of information is a property manager allowed to share with a landlord? Very best,Paul
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Hey folks,
Today on the BiggerPockets Podcast we are excited to bring you an interview with @Grant Kemp and he shares his strategy for buying over a dozen homes a month ... most of which require little-to-n...
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Hi all, having a serious situation here at a 3 family property I own.
It's a 3 family property. A few months back, the 3rd floor tenant stopped paying rent. Evicted him. Cost a couple grand to do, but got rid...
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Hi All,I'm hearing from multiple sources that a potential economic downturn is likely to take place in the next term. Everyone has a theory (China's recession, Brexit, cyclical nature of the market, etc.).I figure th...
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Dear BP friends --I am thinking of buying a property for cash. However, I am concerned about using up all of my non-retirment money on a property deal. It's just scary. We obviously need to have an emergency fund f...
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Hey there! I manage about 100 units, a mix of Commercial, Multi-Family, Single Family, and Warehouse. I currently use Quickbooks, a few Excel Sheets, and Google Calendars for everything. I'm looking to use property ma...