…so in talking to a real estate agent yesterday. She said that most real estate investors that she knew who were agents too, eventually deactivated their license so that they "don't have to adhere to a higher stan...
House was my primary but I moved out of area for a job offer. Turned it into a rental property & bought a new primary in new city. Hired a PM, who hired & arranged for a move- out cleaner. I get the bill a mon...
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...
Hello BP! I have a question for the group and was hoping to generate a discussion around this topic. Disclaimer – I am an instructor pilot in the Navy and not a real estate professional – so take everything with a gra...
Hi everyone, I started investing in Cleveland about a year and a half ago and have acquired 6 LTRs (SFH and MFH) using mainly the BRRRR method in C areas. I've done fairly big renovations where in most cases, Im repla...
I am new to the real estate investing game with a little under a year under my belt. Currently, we have three properties (1 finished, 2 under renovation) and another one under contract waiting to close. I have learned...
Anyone have feedback on purchasing condo hotels in Florida and upsides and downsides to them? I am looking around Daytona Beach Atlantic side or the Gulf Side. I am a first time investor and familiar with these area...
I'm rehabbing a small multi-family in Chicago proper right now and am selecting plumbing (and lighting) fixtures. This is my second deep rehab in ~5 years, so it's not my first rodeo but it's also been a while. I want...
Hello BP!Would love an insight on what is going on here...My business partner has engaged an attorney for the LLC (not LP) to draft a “partnership” agreement. I’ve passed the agreement to my attorney and she insists o...
I'm considering buying timber land and I'm trying to figure out how to do calculations to determine good deals. My ideal situation is to find arbitrage opportunities where the price of the land is less then what the v...