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Hi! First time I’ve had an applicant threaten to sue. We said we could overlook credit with good landlord references, last landlord had documented that they owe a balance from withholding rent, so we denied. Tenant di...
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Unfortunately I've been away for a few months while taking care of some personal matters, so I haven't been able to keep up on discussions.
However, several months ago there were ample amount of folks here insisting...
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This post was just inspired by @Jason Scott who just posted on FB how most people will never achieve $10 million, $100 million net worth etc (and theres nothing wrong with that) (Also, in like a decade on here Ive nev...
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When is the optimal time to purchase multi-family residential property? With the impending recession, what are some considerations for aspiring investors? What echelons of property should be honed in on? Which shou...
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Hey everyone, I recently listened to Podcast 169 with @David Greene ( like 4 times) and now I am completely fascinated with the idea of Note investing and how you can use it to pay down your rental properties. He pret...
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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 ...
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I don't want to announce the sky is falling and be a Debbie Downer, but in my opinion, now is NOT the time to be investing in real estate for rookie investors, especially flips. I keep seeing a lot of posts from newbi...
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Today we got a little house under contract and it will be our first short term rental. Over the last few months, I have read countless posts on BiggerPockets about how short term rentals have been struggling with canc...
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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...