So I signed up with a property manager on my NC property. I'm paying 10% for their services. Last month my tenant was late 13 days on his payment. I just assumed that the late fee collected was going to be paid to me ...
I just acquired two identical, side-by-side duplexes and am starting to plan out my rehab project. I'm starting my focus on one unit, to figure out what works and does not work, and will hopefully then apply all those...
First of all, I really do appreciate all the helpful guides and discussions on here to help educate a new REI such as myself.We can all invision the statement "It is better to purchase 5 properties at 20% down, and fi...
I know the unicorn property offers both great cash flow as well as future appreciation, but how often does that actually happen? Other ideals would be low crime rate area as wellLooking at small multi family propertie...
What would Bigger Pockets do?I currently have some options (which are a good thing). I am trying to figure out the best one to choose, hopefully you can help give me some things to think about and choose the right on...
I love to see the success stories on BP, but it’s also important to learn from mistakes in the past – and better to learn from someone else’s mistake than your own! Without sounding negative, lets spill some of our...
Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...
On Tuesday, August 13, the Sacramento City Council will likely vote to enact a rent control ordinance. Here are the highlights:- Landlords will be prohibited from raising rent more than 6% plus the “consumer price ind...
Curious out there what people use as a general rule for how leveraged they are. How comfortable you are with debt. Do you have 401K loans? Would you cash out a Roth IRA? Do you use HELOCs off your primary? For...