I've heard it a million times, "never rent to family." Being the naive person that I was -- possibly still is -- I didn't listen. I rented my condo out to a family member in 2013. By early 2014, I noticed their rent p...
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...
Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...
Hi!So I've been listening to a lot of podcasts and following the forums. I'm from the Bay Area, California and since prices are crazy here I'd like to invest out of state. I have this goal of acquiring a property befo...
Hello All,I have a one-bedroom vacation rental condo in Palm Springs that has been listed on AirBnB for about a year now. I have my first stressful problem: a vacation renter with a 44 day reservation who will NOT lea...
The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative. It must at least break even a...
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
Hi guys, I’m new here and I hope so much you'll be able to help me.
I got a rental house recently (paid $180K) and hired a property manager, let’s name her K., to manage it. K. runs a small property management compan...
My question is simple. Who is investing in rural America, why are you doing it and what is your experience? Is it your longterm goal or is it a temporary goal to achieve cash flow?Lets define rural America as towns of...
Hey BP Community!
First, I want to thank you all for the incredible amount of knowledge and support I’ve received from members of this community. I truly believe I would not have closed this deal without Bigger Pock...