I thought I would throw out a topic for discussion....Tell me about the process that you go through to screen tenants.
Needless to say I'm not having beginner's luck when it comes to connecting with a general contractor. I have attempted to contact 3 different GCs thus far and only heard back from one. The one that responded pretty ...
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
This is a long overdue thanks to the BP community as a whole and the mentors and friends I have met through BP.
By way of background, my core investing strategy is buy and hold. I hav...
When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
Prices keep rising... it's a sellers market... signs of a bubble are pervasive but.. is it a bubble or has the market changed permanently.... thoughts?
I met with a realtor today who said she has years and years of experience in short sales and explained to her when I had been in investing years ago, I basically was flipping houses for quick cash. I would get a home ...
I currently manage 8 rental properties in Grand Rapids, MI and all of my tenants habitually pay on time except one. I've had her as a tenant for 9 months now and she has only paid on time twice. Her credit wasn't terr...
I am constantly hearing "Get a REAL job". so i dont talk to anybody anymore. I am glad i found this group, now i can read, see what others are doing, and make connections. "get a REAL job" i inwardly smirk now cause i...
I have posed this question to help me serve my students better. I know most answers will focus around lack of money, but I think the answer is more complex. My three biggest reasons for taking action: FEAR, family m...