Hi everyone! So I've heard about the 1% rule & 2% rule (or guidelines) when purchasing a rental property: the monthly rental rate should be 1%-2% of the total amount you have in the property to make it a good inve...

I am under contract on a quadplex near a university that is 4 hour drive from me. After speaking with some property managers, I'm realizing they really know how to tack on the fees... 10% (expected) of all revenues, 1...

I have several agents who send me daily listings (one only sends foreclosures, the other send a mixture). If I find were to find a deal on one of these properties, put a contract on it and wholesale it - how does thi...

SUPER bummed. Maybe I went with the wrong brand?Rather than carpet, I went with 4mm luxury vinyl planks for 2 of my units. I figured they’ll last longer (cheaper over time), and they’re very durable (so I’m tenant p...

Some people are really struggling with the market and how Coronavirus may impact their personal lives, their investments, or even the entire country. We can't control the economy. We can't make much impact on unemploy...

Ill go first..Buy three properties 

The full story is on Bloomberg.com here: Zillow wants to flip your house should you want to read all the details.For those with TLDR syndrome the gist of it is:Zillow has now joined the ranks of high tech real estate ...

Hi all,Has anyone here ran a calculation of your return on equity?  To do so, you take the current cash flow and you divide that by equity you have in your RE. So your personal home has little to no ROE.  Right?  It i...

Hello,
I’m a newbie Pro member that I would self-describe as a “Bob”, meaning I have a great job, great income and great credit (as does my husband). We also have good discretionary income and a lot of equity in our p...

A young married couple wants to rent a single family home I own in a low- to middle- income neighborhood. They check decently (good references from present/past landlord, no criminal history/bad debts/delinquent accou...