I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
Real Estate Investing has created and built wealth for so many investors over the years. There are so many shows on TV today that discuss flip, flip, flip!!!! YOU can make fast cash when you flip but it would also be...
I’ve been wanting to become a real estate investor for years now. I have 2 rentals that I did through traditional mortgages but am craving more. BUT EVERY TIME I try to learn more about different ways to actually bec...
I've been reading through the forums here and I've read a lot of posts about how the tenants should have the money saved up to pay rent in an emergency, and if not they should use a credit card or the money in their r...
In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...
I have a tenant that pays on time and keeps place clean.
I also offer him a desirable place to live that is being taken care of.
To me nice tenant is not the one who expects me to subsidize their rent.
I provide a...
Introduction
My intentions here is not to do a quick look at the numbers but a deep dive into the entire experience of doing my first development. I did break this down into sections so that you can skip to area of i...
I own an now long since abandoned house in NJ. There was no mortgage but the taxes and W/S bills now far exceed any possible value of the property. The town used to clean up the property and then put a lien on the p...
I was just wondering what everybody's education or background is? seems that a large percentage of you folks have some type of formal "business" or finance education, or come directly from the world of Real Estate?
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An article recently published by Redfin highlights the current working from home trend. In a survey it's revealed that up to 1 in 4 newly remote workers expect to continue working from home after COVID 19 passes.
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