Alex Heidenreich
What Metric is your "Go-To" at-a-glance analysis for deals?
I typically look for the 1% rule based on ARV and an all-in investment of less than 75% ARV. Those are the most important metrics to me. What about you?
Mark Tomes
What don't I know going in to a 6 plex?
Let me get this out of the way first, I have never considered purchasing a multifamily. I own one single family that I have been renting out for 4 years, and just closed on my second property 2 weeks ago. Multifamil...
Craig Ward
Elderly tenant died last night rent is due in 4 days.
First time for me so I’m looking for advice on the best way to handle having an elderly tenant die. She was the only name on the lease and family is saying rent may be late
Cedrick Mahieux
Famous Four Analysis (January 2013-2020)
Dear BP Community,
3 months and 1 RSI later (true story) I am happy to share with you the complete analysis of the Famous Four section of the first 365 Real Estate podcasts, which corresponds to the 7th anniversary o...
Eric Justice
Buying property-All Cash
It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...
Terry Dunlap
Would You Buy for Cashflow Only?
The area: Sandusky, OH 44870.The local economy: tied to the seasonal fluctuations of Cedar Point, an amusement park. Most major blue-collar jobs have left leaving a primarily services-based economy around Cedar Point ...
J. Martin
Negotiating Purchase of Vacant Lot in Bay Area tomorrow. Advice?
Going to try to negotiate the purchase of vacant lot tomorrow. Any advice?I’m meeting the owner of a vacant lot tomorrow to try to negotiate the purchase of a vacant lot in the San Francisco Bay Area. It’s a killer pr...
Tom Wallace
Percentage of profit on a rental property....
On a buy and hold investment strategy, what percentage of positive cash flow/profit do you look for on any given deal? Taking the gross rents received on any given property and then deducting your expenses associated...
Dan D.
Tell us about your expenses
I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...
Tobey Porter
Ohio eviction experiences/thoughts
Anyone have experience with an eviction in Ohio? I've got a tenant who, after trying making excuses for not having rent, finally admitted he couldn't come up with the money. My manager told him to be out this past w...