Chet Hingle
Return on Investment - What's a minimum?
If I spend 50k on a rental, and I want to do absolutely nothing to earn profit, what is the bare minimum annual % return I should expect. I thought it was 10%. Opinions welcomed.
Douglas Skipworth
Do you track your net worth?
I'm teaching a class on buy and hold real estate investing in Memphis and I'm looking for some real life examples to share with the students.Here's the brief background on my question below.I believe 2 things.1. Peopl...
Zach Shrader
How does Property Management work??
Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
Josh Dickson
Is it worth it to enter the real estate game at this time.
I've always been interested in real estate but I never had the capital to even think about it until recently. Some of the information I've read seems to indicate that the market is very competitive at this moment. Als...
Jeff Cutter
Florida purchase contract
Hello BP Community-I'm a new user and future Real Estate Investor in Central FL. I was wondering if anyone from my area would be able to share a Wholesaling Contract template with me that includes a "walk away" clause...
Violet Lisa
Applicant did not disclose their emotional dog
I guess my situation is a little unusual - I have a potential tenant who has filled out applications but did not disclose they have an emotional support dog until we mentioned there will be a pet deposit since there w...
Spencer Sutton
Turnkey Deal Gone Bad...
We had someone come to Birmingham from Miami over the weekend to check on five houses that he bought for ‘clients’. Here’s a snapshot of the situation: He’s owned these properties somewhere around a yearHe’s never se...
Andrew Syrios
The 2% Rule is a Bad Rule: Discuss
I am not a fan of the 2% rule, although I will say I think rent/cost is my favorite calculation. We usually determine what type of rent/cost we can accept in any given area and go from there. According to Gary Keller,...
Marisa R.
$128,000 profit without flipping....
Hi AllJust wanted to share another little sweet deal, this is a buy and hold, access equity, rinse and repeat.Advantages are that I get to continue growing my capital as this neighbourhood is hot. Problem is trying to...
John Jackson Jr
Take full years rent from unqualified tenant?
I have a prospective tenant that does not meet the criteria of 2x monthly income and a credit score of 650+. He said times were hard and he was out of work but has money saved. He offered to pay a years worth of rent ...