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Is this a good property to hold? First time using rental property calculator on here just got the plus membership. So have some questions, Whats the difference between pro forma cap rate and purchase cap rate? My pro ...
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I’m fairly new and looking for some recommendations. I have purchased 3 properties, 1 on my own in my own market and 2 with morrisinvest.com as a turn key real estate company.
I’m looking for a couple other companie...
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The 1st floor toilet on my rental flooded the other night. Most of the first floor currently has laminate. My tenants mopped up the water as soon as they realized but some time had gone by before they had even realize...
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The calculation for CAP rate is clearly defined so everyone should be calculating it the same way. There are obvious benefits to having a uniform calculation. On the other hand, Cash on Cash Return seems to be calcu...
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Hi BP Family,
I have good tenants in a home that for some reason didn't notify me of a potential water leak until a week after it had been leaking. The tenant called and said no hot water for early morning shower, s...
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My question is about something that happened to my daughter who is a renter.Recently she came home from work at about 6:00pm. When she tried to unlock the door the key broke off in the lock. Is this her responsibili...
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Hi all,I'm looking at getting my first property and cash flow is my priority right now, not appreciation. So, using the 1% rule as a guideline it seems that really targeting low cost condos is the way to go. I can fin...
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I have a problem tenant above me in my own house. They have become not only rude but spiteful because I am taking them to court for non payment and because they are just extortionist harassing awful people who abuse t...
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Do you provide a move-in care package for your rentals? My wife and I are toying with the idea. Nothing fancy mind you, just a few welcome home items. Magnet with local emergency numbers, maybe a small target, walm...
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I'm debating where to make my first investment for a rental property. I have always considered a single family but I'm now thinking a condo might be safer way to go since I'm still new. Any words of wisdom from expe...