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 ...
OK, y'all. Are you new? If so - pay attention...I got a PM today from a very nice guy. Very well-spoken, seemingly intelligent, and well educated.He introduced himself, and congratulated me with a job well-done on ...
As an out of state investor, I was offered a property that is under management of Flex Realty Property Management in Toledo, OH. It is not a great deal but it is tempting enough for a Californian :). The seller is the...
Hello Bigger Pockets gurus!I've been lurking on Bigger Pockets for months as my husband and I have purchased, renovated, and rented our first two single family properties. We thought everything was going great until ...
So this is a subject that I’m very interested in and I’d love to get everyone’s opinions.What do you think about mandating Finance class for grade school children? I’m not talking about making them take it one year of...
Hi all, I am looking to buy some properties out of state for cash flow. Any city recs? I was looking into Cleveland, I have some properties that caught me eye in the 80-100k range.. I wanted to pick up a few and rent ...
I hear a lot on the podcasts and have read on the forums that many property owners pretend that they are not the owners of the property when they meet a tenant or potential tenant. Instead, they lead that person to b...
12 Solid Rules of Real Estate Investing
1. Real estate is a long term investment
2. Cash flow, cash flow, cash flow
3. Do not let your emotions get in the way
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Forgive me if this seems naive, but what is the real benefit of having cash when investing in real estate vs. being able to obtain financing? Specifically 500k-1m of cash. Would it be best to use that to buy a forecl...
Out of the blue I am receiving messages about a company called Strongbrook and how great they are and that I should refer all of my clients to this great and ethical company. Seriously, that was the message. I have ...