Tony T.
NY Bill Would CANCEL Rent for 90 Days, Not Postpone.
https://reason.com/2020/03/25/...
The state of New York has a bill to CANCEL rent for 90 days for workers affected by the virus! This isn't deferring rent payment; it is waiving it.
Those landlords who have mortgage...
JD Martin
I need some strategy on bidding on an estate auction for property
Hey all,I am hoping to hear from experienced auction bidders here, especially those experienced with estate auctions, but certainly anyone feel free to chime in.There is an auction that is happening in a couple of wee...
Nathan Gesner
How dirty will you let your Tenant be?
We all have different cleaning standards, but some people are just filthy! Below are images from an actual apartment that's been occupied by the same tenant for almost 30 years. He pays 15% below market rate but has n...
Ryan Jenks
Seller didn't disclose anything, & after 3k of inspections...ugh!
My offer was accepted on a 14 unit apartment. I knew it needed new windows and was built in 1950. In the purchase agreement forms we signed, he wrote NONE in the disclosures. He showed the best (only good ones) 3 u...
Thomas P.
Has anyone used Zillow rental applications? Your experience?
What is your experience with the quality of the rental application Zillow provides prospective tenants for $29? Do you feel it provides sufficient and accurate information?
Isacc Lightbourn
What is a cap rate and why are they important ?
I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
Mitchell T.
Do you invest in Bitcoin / Cryptocurrency?
I'm just curious how many other active REI also invest in cryptocurrencies? And if you do, what kind?I am personally a fan of cryptocurrencies and what they are all about. I have put some money towards it, and will co...
Amy Raye Rogers
The Negative Cash Flow Club!!
The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
Jared Bauer
New here. $1 million cash. Want passive income, what's the play?
I'm 40 and have 0 debt. Own my home and a LTR outright. The LTR is about $180k and my home is about $500k. I've been an entrepreneur my whole life. I've done well on some long term bitcoin investments. I'm getting old...