Lucas Mills
On the subject of cash flow and self-sustaining properties...
Recently, I've been experiencing some confusion as it relates to cash flow, expenses, and the concept of self-sustaining properties.At some indeterminate point in the future, I want to have replaced my monthly w2 inco...
Shawn M.
DEBATE: Cash Flow vs Cash on Cash return
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
Jennifer Moraski
Switch to self management of STR?
I own a single Cabin in a vacation town in WA state that I use as a family vacation home and STR. When I first bought it 5 years ago I lived 2 hours away, had never owned an STR before and worked full time so it made ...
Preston C.
Real Estate Agent Commission
I know this probably varies based on location, but I was curious if any Realtors had tried competing on commission percentage. Or at least used lower commissions to incentivize sellers to use you. When I got my licens...
Mark Cruse
Current newbie trends on BP!!
Maybe it's me but I'm just curious if anyone has noticed that some of the newbies seeking knowledge appear to be less serious than before. When I first started coming here people seemed hungry. They were researched, h...
Kyle Burrows
Unapproved Pet - Not on Lease
Hello BP! We are managing our first rental property and have come across a concern with pets at the property. We approved 1 dog (specifically identified on the lease) for the tenants. We recently learned that they too...
Account Closed
Turn Key provider advice for 1st purchase
Since December I've ran into a few problems while trying to invest. The biggest problem was me not wanting to invest in California because of our market. I'm now past that and very close to diving into my first purcha...
Joseph Schweizer
My first investment property - An out of state deal
Investment Info:
Single-family residence buy & hold investment in Kansas City.
Purchase price: $68,500
Cash invested: $14,000
Contributors:
Zach Lemaster
I recently worked with Za...
Alex Kovalenko
Good Tenant? Refuses to do background check
Hey guys - we just started renting out a unit and have someone who is interested but refuses to do background checks (says: I am not applying for a job - why should I do a background check). He claims to have sold his...
Eric Medemar
WHOLESALING 101 Housing Panic Strategies
One of the biggest rookie mistakes that I see newbie wholesalers make is that they want to start looking at real estate BEFORE they have any buyers....
Even when things were decent with our housing market I would nev...