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I am 23, just graduated from business school, I worked and played baseball so I only have about $8,000 in student debt. I am currently working a job making around 40K a year and am renting a place with some roommates....
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I posted on another LL and would like to get y'alls thoughts on the situation:I'm on a merry-go with a POS tenant. I terminated contract with PM. All tenants were by PM notified that I would be self-managing beginning...
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Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...
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Will covid kill cash?
Digital payments have been growing by leaps and bounds but will this health crisis be the final straw?
I have seen a lot of local businesses request that you pay digitally or in some cases no l...
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After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...
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I have been using PropStream and their contact data has been very poor. Lots of wrong/bad numbers and high email bounce rate. Also the hit rate per property is really low. Of 1k properties only 20-30% may have any con...
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I’ve been doing a lot of research lately and I wanted to share with you guys what I have found about the correlation between unemployment, delinquencies and housing prices. During the 2008 housing crisis the housing ...
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Good Morning fellow BPers.. I hope everyone is doing well. I have some questions on whether to sign up for a forbearance or deferral program with our mortgage on our home and 2 STR's.. We have 2 STR's that have be...
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I'm bored to death sitting in Quito. That is in Ecuador, on a LONG flight delay. I just put a deal together to sell a foreign property I wasn't counting on and it should net a fair amount. Â Â Â I've always tried to ...
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Warning- This is long-
I just got my taxes back for last year and I am really confused. I have tried to grow my rental business a bit too rapidly and I am trying to figure out how to level this out so it wor...