I have a tenant that his moving out of a rental this week and asked my property manager when they will start showing... they just informed me that they won't show the unit while the corona virus issue is going on. I o...
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I have a tenant who is moving out after having been busted with a large amount of drugs (approx $10,000) in the unit. I had started eviction proceedings against him but it seems he has moved out in advance of that ta...
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I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
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Was anyone flipping houses back in 2008? I got caught mid-flip and my projected returns were cut in half when I finally sold.Fast forward to today, and flips made up more than 6% of home sales last year, according to...
Hello Memphis investors - This is a quick bit of info to let you know about the Memphis Vacant Property Registry. It is a city ordinance enacted in 2013 to help fight blight in the city of Memphis. Basically, if you...
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ok, So I do hard money loans for a living & project development
& I got to thinking well daym why don't I do it my self & with my own company
I live right in Philly right now & we are going to be ha...
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Ok, we went back to the drawing board last night and decided what kind of cash offer we are comfortable with on this distressed triplex (a 1935 house turned into a triplex in 1995 that has stayed at 90% or higher occ...
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I have a child hood buddy who is struggling with his life. He is 24 living with parents and is working as a pizza delivery job. He got his masters in Psychology 5 months ago but is having issues finding a job. His par...
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The global real estate market is expected to grow from $2,687.5 billion in 2020 to $2,774.5 billion in 2021 at a compound annual growth rate of 3%. The transfer of wealth that occurs throughout real estate...
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I am about to start a direct mail marketing campaign to possible motivated sellers with a budget of around 2k. Should I lean more towards prefer closures with equity or vacant? Or how would you disperse those funds in...