Aegis Fang
Do you use any financial criteria to filter out properties?
Newbie here. To investors of buy-and-hold multi-family and small apartments: Do you use any financial criteria, or rule of thumb, to filter out properties for more thorough consideration? In the Ultimate Beginner’s Gu...
Crysta Webb
Curious peoples thoughts on Detroit, MI for an IP?
Curious peoples thoughts on Detroit, MI as an out of state investment property for long term SFR?
Alyssa Coffey
Lien List of Properties
Hello all:
I frequently use tax delinquent lists as a resource for direct mailing leads. I am looking to see how to go about getting a list of the properties with liens. I am in the south Jersey area. I ask because...
Marian Smith
Does my Schedule E look like yours? Ma and Pop landlords
Due to a discussion about filing form 3115, which is evidently required but may not be expected to be complied with, I thought I'd ask if my Schedule E looked normal. (No red flags) First, can anyone link to an art...
Jason Polykoff
The 50% Rule adjusted when you know PITI
Hi BP, quick question... if you know the PITI of a property, how should you adjust the 50% rule to account for vacancy, maintenance, etc.? Would it be more like the 25% rule at that point? Thanks!
Nick N.
Best Questions for answering service
So I did my first direct mail campaign recently. I sent out a single batch of 1,000 yellow letters. The response rate was great. My phone was ringing ALL the time.The problem came when I couldn't handle the amount of ...
Chris T.
Scheduling contractors to show up at the same time? good or bad?
I'm interested on everyone's opinion of scheduling multiple contractors to come out to a property - at the same time - to bid on work.I've always spaced them out with different contractors in the past, and I'm a littl...
Shane Pearlman
Catching Tenants Breaking Bad
Hey PBers.I'm a little scarred from tenants using my nice SFRs to build grow houses. It has only happened once, and through amazing luck, they turned out to be the nicest drug dealers ever and helped pay to remediate ...
Mitch Kronowit
Swimming pool in a rental?
Here's something I haven't seen anybody bring up yet. Does anybody rent out a house with a swimming pool? I found a house for sale in San Diego with a pool and it got me thinking. Do you pay a pool "boy" to maintain i...
Bill Sargeson
Water storage tank in basement
I wanted to see what you all thought of this. It might be no big deal but I haven't come across this before....looking at this house for a buy and hold and in the basement(basements are rare in this part of NC) sits ...