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In a 2018 video, Ken McElroy said he doesn't do apartment investing anymore. Talked about how it is too hard to make them work with the low cap rates, and instead he builds from the ground up. He's obviously a big nam...
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Hey everyone! I’ve recently been stumped on this specific concept and hoping to get a few pointers from some successors. I absolutely love the idea of buy and hold real estate investment properties but I am a 19 year ...
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I recently received about $300,000 in inheritance money and am looking to start buying rental properties. Homes are pretty cheap in my area (Spartanburg, SC), most decent homes are going for around $80,000. My questio...
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BP,I was just informed through a neighbor that my tenant has been renting out my property on AirBnB without my knowledge since the first day of his lease. My lease clearly states there is no subletting allowed, howev...
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Hello. I was introduced by a coworker to BP who is a long time and highly experienced investor and he has poured a lot of knowledge into me, however, I think we're at a point where he isn't going to go any further wit...
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I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...
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Hi All,I was wondering are you still using the 1% rule when doing quick and dirty new deal analysis? Is anyone out there still able to achieve the 1% rule and in which markets?Recently I noticed I get to 0.7 or 0.8% a...
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Does anyone buy properties without an LLC?
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Hey all. My wife and I are considering making an offer on the following SFH:
3/1 with 1340sq.ft listed at $64,900. Built in 1954. Its an estate sale by the only child of the deceased homeowner. Vacant for...
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What is the plan when tenants can’t work and cannot make rent payments? It has already started for me.