So, I have 4 rentals and I compiled my totals for the last 3 years and I had 1.9% average vacancy rate. My maintenance costs (including cap x) totaled 8.6% of revenue.I know my vacancy rate is a bit lower than averag...
I'm headed to a foreclosure auction tomorrow morning at the courthouse that is run by Auctions.com. I have a list of foreclosures from 4closure.info and I've researched each property by looking at comps, doing a drive...
Hello! I'm Jennifer and am so new to this forum but have been listening to BP podcasts for about 2 months and have decided to throw out a question.
My employer has a tuition reimbursement program where I can go to sc...
Hi, I am wondering if someone can help respond to this question.How can I purchase my first 5 unit property without any experience? What if I have one year of experience? Do I need to partner up or just go ahead and a...
Folks, I have received a "settlement statement" that lists estimated closing costs that the buyer has to pay. I questioned some of these charges and got the lender (loan officer) to agree that they should be removed. ...
We have scheduled an eviction process with Marshalls office next week. The tenant is still living in the house with kids. House is located in Dekalb county, Georgia.We would like to know about what to expect and be p...
Hey everyone: This upcoming deal is my first, so I wanted to run some numbers by some that are more experience to make sure it is working out, and I'm not missing anything.
I plan to buy a mobile home for $3700. The...
Escrow asking for a letter of Mental Competentcy on a CA (Power of Att) POA that was submitted for an 80 yr old Grandmother. Dr not to cooperative at this point, just wondering if anyone has gotten passed this issue a...
Hi, I own a commercial property outright. It's current value is somewhere around $250k. I intend to hold onto this property for 3-5 years. In the meantime, I want to free up some of this equity so I can invest elsewhe...
Hi - I'm prepping to look at a 31 unit building (mostly 1-beds with four 2-beds) and would love to hear any recommendations of questions I should be prepared to ask when doing (first time) site walk-through. Some item...