Tamar Hermes
May 1 and rents are in! What is your experience?
It's May 1, and I wasn't sure exactly how the rents would all shakedown. All of my passive investments, Airbnb and multifamily, are hanging in very well. All my other tenants paid. I do have one that is out of work ...
Joe S.
Anybody take a a year break/ retire
So anyone ever just sit on the sidelines a catch their breath a year??So technically, I do not have to buy another house in order to pay my bills. As with most things people their desire to have a higher income increa...
Account Closed
WSJ article on impending CRE bubble
Not really treading any new ground here, but interesting read in the WSJ this morning. http://www.wsj.com/articles/surge-in-commercial-re...We've got a number of clients active in South Florida (Miami) and they (and ...
Alex Deters
Is it a good or bad idea????
Me and my wife are coming into $1 million here soon. We do not want to "work" full time. If it's even possible, would it be a good idea to buy a multi family, hire a property management company and just sit back and c...
Chris McDaniel
How I made $64,000 but had to wait 1 year to see it.
So here is my $64,000 story:December 2013 my phone rang, it was a former co-worker who had fallen on hard times. He called me and asked, “are you still buying houses”? I told him yes I was, if the circumstances were r...
Dominic Balconi
What Percentage Of People Like/Dislike Being Landlords?
I've heard this statement many times on BP, "Most people just don't like being landlords."My questions to you all are; How would you go about finding a prospective buyer who does like the idea of being a landlord? Wha...
Robert Hanson
Rookie needs advice for tenant screening in C class neighborhood.
Hello BP,
This is a hit to my pride to post, but I need advice. I completed my first rehab to rent in July of last year. It is a quadplex and all units were rented until recently. I just had my first eviction and,...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Matt R.
Where do landlords actually make the most money (profits) ?
There is so much misinformation on this site it is crazy.Here are the facts; For total profits, cash flow plus equity since 2009 the top 3 locations are San Francisco, San Jose and LA.Since 2000, that is LA, SF and Sa...
Joey Copper
Why Self Managing Investment Properties is CRAZY
One funny thing about people is that while we are almost always well intentioned, we seem to do a lot of things that are just plain crazy. I, for example, still prefer to eat my oranges by dissecting each into their i...