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I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
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Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
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More Landlords are choosing to sell, and I can't blame them.https://www.cnbc.com/2021/03/2...
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I constantly see new posts from members saying things like
Got a sweet deal, but no money. What do I do?How do I find private money?How do I fund my deal if I have bad credit & no income etc?I want to get started...
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Airbnb has announced a two-year pilot program in Oregon that eliminates guest names and photos from host screening as a way to see if it combats illegal anti-black discrimination. Airbnb to limit use of travelers' na...
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Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
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This house barely cash flows. I worry about it being near the peak especially in LV due to the looming recession. With 85k involved in closing, it isn't an ideal time to buy if the market turns against me and I can bu...
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What are your thoughts on the positives vs negatives of investing now vs waiting to see what will happen with this market. I feel like a lot of the experts are saying stay in cash and wait (Bigger pockets podcast last...
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I've read news reports that say up to 20% of rent has gone unpaid in the last couple of months. I manage 350 units and all but one has paid (we extended grace far longer than normal but now we're in the process of evi...
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Are you prepared to do what it takes to SURVIVE this business?Are you REALLY prepared to make those tough calls?Can you push emotion to the side for the betterment of your business?Are you willing to do EVERYTHING in ...