It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...
I am interested to hear how many of you have actually invested in POL and how your investments are doing. So far I have invested $105,000 in 16 of their loans with various investment sizes ranging from $5,000-$15,000 ...
I am considering partnering with a contractor on a rehab and need some ideas on how to protect my investment in the property. The contractor used a hard money loan to acquire the property and would like for me to ...
The woman in the townhouse I own.... will not cut grass and now township is on my ass How should I handle this
I got out of the stock market in 2009 after taking a $300k loss. Ironically, I had made about the same amount by actually predicting the crash and shorting the market at the top. I thought I could predict the upturn a...
I am sure everybody has encountered the nit picky tenant. They may be a good paying tenant, but they annoy you to death with every little thing wrong in the home.Obviously I pride myself on getting real repairs, repai...
Hi all. Any and all advice is appreciated! Quick backstory: Tenants have been in place for almost a year and have always paid reliably, and on time. They did so by sending money orders because I haven't figured out th...
Hi you said in a previous post of mine what to tell a realtor to get an accurate ARV.This was a reply by one of the realtors.This was her 1st reply.
Hi Robert,
Thanks for the offer, but I don't think I'm the r...
Anyone ever have a great deal (verbal) going with a seller and have the seller consult their attorney about the upcoming transaction and have the attorney steal the deal? I did and it isnt a good feeling. Its what I w...