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Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow. This post is for you:I always dread the first few hot days of summer....
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I'm look for answers to my question both on a specific situation (which I'll describe) and as a general overview.This is my first rental. Tenants moved in a month ago. Summer is in full swing now and in my location it...
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I have 18 windows to replace in the next few days. To keep my interest up and to keep myself accountable, I'm starting this thread. I am a self-managing DIY landlord specializing in 70-100 year old SFR properties in m...
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Thinking about buying a rental that works out to be $100/m after I run my numbers. It's a SFH in a good school district. I'd say B+ area. I am self managing this but still factor in PM expenses incase I move. Although...
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Just offered for a friend on a run down SFR in fremont's nile district.37286 3rd St. FremontList price: $750KHis offer: $869KThis house (1500 sf) needs complete rehab, and is right next to a school.Here is the respons...
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In another thread where someone was looking for properties with Chinese drywall, a company called AbSheild was mentioned as having a remediation process for this drywall. I looked at this company and their claims.
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Ch. 1 Why I Love Rental Properties
Ability to use the leverage
Ability to hustle for greater returns
Ability to manage my investment directly
People always need a place to live
Its worked ...
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Hi, my name is Lauren and I am new to BP. My husband and I started doing research and looking at properties in the Big Bear Lake area. We have so many questions and we want to see what you guys think:1 - Condo vs Ca...
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Hi BP!Happy new year! I own three investment properties in Indianapolis that are professionally managed. I was on the phone with my property manager the other day and he said something that caught my attention. He ...
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I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...