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I know we're all read about the 1% when it comes to real estate investing. For those who don't know what it means, it goes like this - A property that costs $100,000 should rent for at least $1,000 per monthA propert...
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Do you hesitate to answer when someone asks you what you do for a living? Do you hang your head when the naysayers label your industry as a bunch of vultures preying on the innocent, trying to steal houses from littl...
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Hello fellow BiggerPocketeers!In an effort to provide the best answers to some of the most frequently asked questions, we've created an FAQ Forum so our most knowledgeable members can answer a frequent question thorou...
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Hello BPers,I recently met with an experienced realtor who worked for a larger RE brokerage in Arizona that after a decade or more experience remains under the impression that a (non- licensed) investor cannot pay a...
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I had to relocate to Chicago from ATL for my job and hired a property MGT company to assist with renting out my home in ATL. We found a tenant who owns his own company, wants to pay in advance with 3 month incremen...
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This is a question I have always had.......A property management PM takes upwards 10% of gross for receiving the rents. Bills every time for a repair and some add a rider on top of the repair. Bills a substantial amou...
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I'm new to the forum, but would appreciate anyone's help about my first investment.
About Me: I just turned 24 and have owned my residence, a 3 bedroom/2bath since October 2009. I have a background in construction a...
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Today I just sent out 100 mailers to absentee owners. Now that I have about a week before calls come in, I'm a little confused as to how the rest goes. I have an app in podio where I am supposed to input new leads and...
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Hi,
I have a tenant that has leasing my property for over a year and has been good at making their payments on time (in other words a pretty good tenant). They asked if they could get a cat. We currently ha...
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A lot of this may be obvious to some of the readers, but I’m going to mention it anyway.I own other property in New York and Miami and incorrectly thought that this qualified me to do a flip. Initially, I had thought...