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Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
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Hello, hope everyone is staying safe. This is the time to invest in storage facilities, do you agree?
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I read a post that said “Real Estate is 95% Mindset & 5% Real Estate” it’s seems to be true because some days I can work on finding a deal for about 4-5 hours and there’s other when I can’t even do it for 30 mins....
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There is a lot of discussion about how to approach appreciation in RE investing, but say you got lucky. Then what?My specific situation is that I have a property that I purchased for $300K, is now worth $600K, and sti...
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Overbidding is the opposite of being a conservative investor. It happens when you buy above the market rate, compared to similar properties in the same general area. Another telltale sign of overbidding is when you pu...
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I am a newbie but I have 1 rental property in Albuquerque which only breaks even. I currently live in Arizona and I travel a lot overseas for work so I am looking at TK providers. My primary residence is paid for in f...
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Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...
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In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...
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Hi BP community,I am pretty new to running a rental property. I recently took over managing a property for family in the San Francisco. I was discussing rent and property situation with my tenants, and they got pretty...
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It’s fun to dream about situations like this, but I’m not dreaming... And I do NOT want to screw this opportunity up. Asking for real advice.
We sold our Denver home for $800k, a cash offer, we close in exactly on...