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OK, here is is...It's time for me to get real and do something drastic. We are broke, I just went to the grocery store and needed to use my credit card. I have been married 11 years, we have 2 kids. I work part time...
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This is something that I haven't seen yet as far as an investment strategy. I've thought about taking the cash flows from the rental and putting it towards the principle on the loan in order to expedite acquisition of...
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I am skipping a lot of key material related to house building, but I guess anyone can check out my website for the full package. Here are some more summary posts lets try and throw a few more in here and go 21 - 28 a...
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Warning: Lots of Questions!!
I'm in the process of sourcing my envelopes, paper, etc. for my direct mail campaign for Absentee Owners. My initial plan is to use a "handwritten" font for the marketing copy on the yell...
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I have seen some that say carpet is the way to go in bedrooms, but others that say it is too expensive to replace and there are on-going costs of cleaning between tenants. Personally I have the tenants pay for cleanin...
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Dear Pocketers,
How do you harden / bullet-proof your rentals?
While I've never had anyone utterly trash a rental of mine, I've seen the damage they can do first hand (typically when buying the rental and seeing ...
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Hi,I was reading an article a few days ago that said 40% of Americans can't come up with $400 if they had an emergency. I couldn't believe almost half the country is that broke. The median household income is 60k, so ...
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I get asked this question daily, and now with the help of ScreenTime on my iPhone I have an (almost) perfect answer. In the past 7 days I’ve spent exactly 3 hours on my 5 properties via the apps on my phone. This was ...
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Hey BiggerPockets family!We'd love to see (or hear) about your worst home renovation fails, and how you were able to fix them :)Sometimes you learn the most from someone else's mistakes --- and sometimes you just need...
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Had dinner one night last week with another guy who has had rentals for about 15 years and naturally the topic turned to deadbeats and why it's not their fault that they don't have the rent. The following is a compila...