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I have to post what happened to me today. I had a prior tenant who looked good on paper but he always was late with the rent. I meant to charge late fees, but he was always contrite and apologized and so I never ...
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I'm curious to know for my business model. What is your turnover rate and the percentage of tenants that leave damages to cause you to not return all of the security deposit?
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Hi All,I currently have $5,000 in reserves for any unexpected cap-ex/repair items that may come up. This is for a newly rehabbed property. Calculating the cap-ex internal rate of return I'm getting $125/m for a hold o...
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We have two tenants on a month to month lease in our rental property. One pays rent on time and the other is consistently late with payments and non responsive to emails, texts and doesn't return phone calls. Last mon...
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I have been to several meetups lately and there have been several comments about several deals with Western Wealth Capital running into trouble recently, but no one could give me any specifics. If anyone has any dire...
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Hey Guys.
I found an apartment around $925K with a 5.36% cap rate out of state. I wanted to get some feedback from experienced investors on how to reduce the loan amount each year to pay less monthly payment..
It ...
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I'm thinking about purchasing one in FLL area however I know investors usually shy away from New Construction, is there anything I need to beware of?
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Hello everyone!I am interesting in learning more about the Jackson Mississippi real estate market for cashflow rentals. Does anyone have any thoughts on if it is still a good time to buy in the market? Hoping to be ...
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We inherited a tenant who was one month behind (September), we gave 60 days notice immediately after closing (October). They were late on the next months (November). Now they are moving out at about 45 days and reques...
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Good morning BP,How are you currently finding your deals? Are you using an agent, wholesaler, Zillow or Propstream?Have you found one outlet to be more successful than the other?