Overbidding is the opposite of being a conservative investor. It happens when you buy above the market rate, compared to similar properties in the same general area. Another telltale sign of overbidding is when you pu...
Ch. 1 Why I Love Rental Properties
Ability to use the leverage
Ability to hustle for greater returns
Ability to manage my investment directly
People always need a place to live
Its worked ...
This is a general question... Do you think solar is worth it, for an area like a desert with plenty of sun and hot summers (AC blasting) raking up big electricity bills? But also more specific... Would you think that ...
A longstanding great tenant of mine is terminally ill and has moved out (it’s highly likely he won’t be back). He’s now living with family and receiving hospice care. He’s in very poor health and likely will not surv...
Since my first property I was seriously looking at fell through, I thought I would try this again. Hopefully it is a winner this time.@Bram Spiero I just wanted to let you know that I am evaluating another deal agai...
BP is great place. The world in general is not. Over the last year I have listened to all the BP podcasts, those guests who succeed are showered with praise and emulation. That's why we are here, we want to be like th...
So we were under contract for a house. Our closing date got pushed. My realtor had us sign extensions and sent them to the sellers agent. I believe they signed one of them. But the closing date got pushed 2 more times...
In most markets short term rental supply is high. And a big issue is that a good amount of the supply is from new 'investors' chasing what they thought was a get-rich-quick scheme. So the market not only has an unbala...
Hello Everyone,
Thank you for your time!
My wife and I have decent jobs and are not in need of immediate cash flow from our rental properties. We formulated a strategy to start purchasing rental properties in 2022 w...
I'll never understand why 99% of the time people have negative responses when I tell them I am trying to get into real estate and rental properties. I mean literally every time I tell someone about it I get one of th...