My section 8 tenant is a c-tenant, always pays rent late or failure to pay for a couple of months. His lease expired last November and I haven't renewed it because I've been thinking if I should. Here're my questions:...
I have a remodeled, multifamily building in an smaller, old railroad town which has been down on its luck for a while, but seems to be slowly improving. As such, the core neighborhoods are pretty scrappy looking and m...
A guy called me yesterday and asked about an apartment we have for rent. I gave him the info then he asked, "Do you rent to felons?"
I was a little surprised and responded, "What do you mean?"
He expla...
Hello Bigger Pockets,I am looking to buy in Baltimore Md to rent to Section 8 qualified tenants. What are everyone's thoughts of section 8? I've seen some horror stories on YouTube but believe the program can be very ...
What have been your hardest lessons learned in short term rentals? I'd be curious to hear the experiences that others have had. I'd say my hardest lesson learned is overestimating how quickly a new property will reach...
I am wondering what is considered a "good" profit margin from a rental?
Its obvious you want to be making profit...the more the better. But is there a bench mark that expereinced and successful investors make? Are we...
Hello All,I would humbly ask for someone to double check my numbers on a potential deal I am working on. (Sorry if this is not the proper thread, this is my first post, other than new member post).Details:Not on MLSAr...
Hi, BPersThank you all for the helpful advice on my first short rental in my previous posts! I finally finished the reno and decor and now it's up for renting. So far, I have 64% occupancy in 30 days. It is much more ...
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...