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We've all new to this game at some point. What was the biggest mistake you made when getting started? Did you discriminate against someone?Did you find your lease in the bottom of a Cracker Jack box?Did you let emotio...
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Hi guys. I'm in the process of purchasing a property, but I just realized it has negative cash flow when I factor in the maintenance and vacancies. However, I think one of the main reasons it has negative cash flow is...
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Would like to hear from others on this one.Often, when I tell someone about an apartment building located in a class C neighborhood in NYC, the first question they ask is whether I carry a gun when visiting the proper...
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A lot of these how-to guys seem to be not really liked much by investors I have noticed.
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New to BP and moving to Denver and hoping to begin my journey in REI.Does anyone have an opinion on the market in and around the Denver area. My understanding of it is that home values and rent prices have skyrockete...
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Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
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I'm dealing with a nightmare tenant! This tenant has been late with rent for the past several months (even later than my five day grace period). Rent was due on the 10th of this month and of course it was late. The fo...
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Hi all,
I've been compiling my results from my postcard mailings to Absentee Owners over the past few years. Here's what I've been getting:
Average Call-In Rate: 10.67%
Average Voicemail Rate: 4.40%
My Call-In Rate...
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Okay so I have started putting my own offers out there.
Property
1.Located on main highway.House is a POC had it listed at 80k now expired and re-listed at 39,000.Old house on block foundation needing a ton of work...