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 ...
Folks - I am in the second part of my journey of investing in Memphis. I closed on a property on Jan 10 in Memphis. Property management has been turned over to Crestcore. The listing is at the following location:http:...
Hello,We bought this house and closed on April 28th. We have been searching for a qualified tenant but have had no luck.I was wondering how long other investors have had vacancies in months. Is it normal to have a vac...
PART 1: INVESTING IN REAL ESTATE, the Why, the Where, the What, the How, and the How Much:
In mid-2017 my wife and I decided to go back to what had been one of our passions in the mid-90's, the ownership and manageme...
A little background on this one. I have been following Shea on youtube for about a year. He is in Detroit and has seen it all. I find his honest take entertaining and educational. For this video case study - some dude...
I am considering buying my first rental property in the Gatlinburg area.
I am hoping to get a property management company to stay hands off so I can continue working full time and hopefully be able to purchase a sec...
My goal is to buy 1 rental property this year. Tell me about your first purchase!
Where was it?
How did it go?
Do you still have it?
1 thing youwish you knew?
I have been a part of BP for over a year now and have been a smoker since I was way to young, but my question is when did smokers get such a bad rap?I personally don't smoke inside of even my own home, not even once. ...
Needless to say I'm not having beginner's luck when it comes to connecting with a general contractor. I have attempted to contact 3 different GCs thus far and only heard back from one. The one that responded pretty ...
Big question - why hasn't anyone applied data science and machine learning in the real estate domain?With the recent (7 years?) advances in natural language processing, image recognition and the validation of various ...