I just had an offer accepted for my first “commercial property,” a 5-plex. My other rentals are duplexes and SFRs, so they’re just under my personal name with an expanded umbrella policy. If I develop an LLC in Minn...
I am in need to find a three-day notice to put on the door of a tenant. I guess I have been lucky so far.
Sinful to wait so long, I just prefer to suck it up. I was in no hurry to throw someone to the street.
It h...
Having a ton of trouble finding a SFH or duplex that rents for 1% of the gross price, let alone one that has + cash flow after accounting for taxes and maintenance.I'm looking in a Midwest, medium COL location. Lookin...
This will be the first time that I've met an appraiser at a rental to walk the property with him.I've compiled before pictures, a Scope of Work, and, what I believe to be, relevant comps.Anything else that can be used...
I have been receiving deals through email from an Atlanta wholesaler. It blows my mind how cheap houses are in the ATL suburbs.
Here is an example of a current deal:
I copy as paste from the email.
How bout a 3 bed...
Just learned of a dear friend who recently resigned from their prestigious position because an audit showed they used company funds for personal expenses. It was a relatively small amount of money, but any lapse in ju...
As a Contractor, most of the problems that I ever had with a residential client comes from a lack of communication with them.
Since then I have learned to try and stay ahead of them with daily/weekly updates on their...
I have a dilemma. This is my first post in Bigger pockets. S&P 500 index fund has given a historical AAR (Average Annual Return) of 10 % in the last 60 years and 14.5% AAR in the last 15 years as of today. The AAR...
Just want to get a feel for what other investors in the metro are see in the market. Most of the deals I analyze, I use the 70% rule as a starting point. Are you still using 70% or are you moving up to 75-80% to be ab...
Curious if everyone did a pre/post rental inspection with tenant (either new, or existing on purchasing a house)? Also, if you chose a detailed rental agreement or more of a basic one?If you can post what you provide ...