It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...
I've been hardcore looking for buy and hold properties and fix and flip properties all over the country.
You're talking Colorado, Ohio, Texas, everywhere.
And I talk to these realtors and they are like I'm the per...
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 ...
I'm a builder and investor in Boise, ID. I'm currently designing my next builds, and want to make sure they are the most appealing and can make financial sense to investors. So, I have a few questions for those of you...
I was picking up the rent from one of my tenants tonight, and it occurred to me when they pulled up....every single one of my tenants has a considerably nicer car than me. Also almost all of my tenants (Except the one...
Folks - I am in the second part of my journey of investing in Memphis. I closed on a property on Jan 10 in Memphis. Property management has been turned over to Crestcore. The listing is at the following location:http:...
I recently (...like an hour ago :mrgreen: ) went through this thread exploring the old argument between the cash flow guys and the appreciation guys.More specifically MikeOH and Nationwidepi (Mike and will) and off co...
I recently started a house flipping business (although I'm not sure how good of a business it is since I have yet to flip my first house). After researching for I can't tell you how many years and after what seemed li...
I have a turn-key rental with Mack Companies in suburban Chicago that has been vacant for FOUR MONTHS!A small sample of my issues with the management:Finding out a tenant has moved out weeks after the fact. When the m...