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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 ...
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It's here. The shift is upon us. Whether a crash is to follow, I am not sure, but the rising tide that we have all been riding for the last 9 nears to reaching it's tipping point. I seriously have no more time to w...
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This is a very basic question. I have never purchased a home before so I am not sure of the standard procedures or proper protocols. On a flip property for example, once you have an offer accepted do you then coord...
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For those of you who don't know me, I have been investing in real estate since 1999 and I have acquired about 3,000 apartment units (and houses) and I still own 1,000 apartment units today.I also own 45 houses and sev...
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Before my tenants re-signed a year lease earlier this year, they wanted to sign an even longer lease that would end in late October next year. But, that's such a bad time to find a new tenant when a year lease would ...
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Hey everybody, noobie here again. I have been reading like crazy and like everything, there seem to be 100 different discussions, opinions and thoughts about everything in this business.I have been reading about CAP r...
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Alright...I am going to post what happens every week in my real estate business. Why? So you will learn from my mistakes as well as get inspired by my successes. I also hope by doing this, BP Nation will help me ac...
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Blame it on the holidays, consumerism season, or the purchase of my latest rehab project, but I've been thinking a lot about my relationship with spending money. I have this unhealthy relationship with healthy money m...
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Alright BP Nation, this is the start of Year 2 of the Real Life of the Real Estate Investor thread.In the first year of the Real Life of a Real Estate Investor, without meaning to do so, it attracted and resulted in ...