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Posting my response to a client's question, in order to get my colleagues input on this issue.Q: I have an investor who is actively investing in real estate on their own & have no f/t job. So spending enough time ...
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Hi all!I need some advice. This has never happened to me before and I'm not sure how to handle it. When I went today to have my current tenants sign another one-year lease, I did an inspection of the property. To ...
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Hello BP -
Turned down the purchase of a home today with the following details:
$220k purchase price $270k ARV (built in 2008, just needed to be cleaned)
Needs ~$20k in light work (paint, faucets, yard cleaned) ...
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Hello BPJust finalizing details to have my biz partner fund a small marketing budget ~1K/mo. Looking for recommendations on how to spend/allocate the budget: Direct Mail / Online Lead generation. Picking up about a 10...
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I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
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So in the vein of previous posts like The 90 day challenge and 1 year challenge I am faced with a 6 month challenge. The story goes as follows.
I have/had a w2 JOB. It's ok, I'm well paid and it provide...
Written by a baltimore city landlord recently....perhaps the funniest thing I've ever read.
Thanks Mary Jo, you raise a wise point. To Chris, Heather and everyone else who was asking about how these turned out, par...
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All:
I've got a well qualified tenant that I would love have...except she has an ESA that happens to be a pit bull mix. I'm fine with the ESA but I think my insurance won't be fine with the dog.
Waiting to hear back...
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Hi All, My current situation is one that I have a fair amount of capital but not a lot of time. I’m considering investing in syndications vs buying single family homes. The syndications appeal to me because of the...
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Hi All, I was looking at the $6,000 out of pocket deals that I discovered though NORADA real estate investors. Has anyone worked through this program and found success?Thanks!