Kevin Gerace
Anywhere else the 1% Rule doesn't work out?
So there must be other places like my town. The average (decent shape) 2 family home is selling from 250k-325k. And the average rent is $1100-$1300. These numbers don't work out for the 1% rule. Everything I've ever r...
Tomasz Banas
Bank's unethical techniques - what to do?
I got one condo under contract (buy & hold). After receiving the condo questionnaire I found this condo is a non-warrantable. I was able to find a local bank by searching for properties that closed in the same com...
Murray Reginald
STR that looks really good on AirDNA
Hi BP,I am looking at a couple beach house properties that looks really good on AirDNA however, AirDNA gave me the following analysis:Beach House Property:Annual Revenue - 121.6KOccupancy Rate - 88%Cap Rate - 29.51%...
Blaine Alger
Dead Property Owner? Does brother Have Right to Sell the House?
So the Owner has been dead for 3 years and and did not have a will. The brother (who i spoke with) has been paying the property taxes for the last 3 years.
The deceased owner has a daughter who he didn't have a relat...
David Stone
Tenant paid rent but not Late Fee
Hey, just had a question for landlords out there to see what everyone else would do in this situation... We have a tenant who has been on time or early coming up on 3 years now and keep the place in excellent conditio...
Patrick Meade
Seller running into problems with investor
Not sure where to start.. I guess I’ll start by staying this happened in Texas, and my family lives in Colorado. I was transferred to Texas for work on a two year contract leaving behind my family to persue my career...
Cailyn Aune
Alternatives to Turnkey Investing?
Are there ALTERNATIVES to TURNKEY INVESTING? You know... somewhere an out-of-state investor (or local investor) could find a "team" of people already in place to find/buy deals.... and then they have a trusted PM to r...
Isacc Lightbourn
What is a cap rate and why are they important ?
I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
Allyson Edwards
When should I start getting nervous? Cant find a good tenant!!
Hi everyone,I have a property in NC that i closed on June 15th. https://www.zillow.com/homes/105D-Brookshire-lane-...I have a property manager taking care of trying to get a renter. the problem is she is constantly ge...
Mark Parzych
Houston Flip - Regular Updates from Start to Finish
I am closing on my 5th house, which is my 7th deal, on October 17th and my plan is to renovation and sell it. I'm buying it from another investor who started writing about it in his BP blog but I won't share those det...