This blog is not so much of the normal type of blog where I give a narrative on a subject. Instead, it is a request for feedback in regards to property management software (PMS)for rental property. Currently, I am usi...
I'm looking for cap rates in Kansas City for each property class and came across apartmentloanstore.comDoes anyone use this site to get a decently reliable estimate of current cap rates for the city you invest in?For ...
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
I have been working in the automotive industry as mechanic for the last 12 years. I like what I do and I'm good at it, but it's time to get out. SO long story short I'm getting my real estate license. I'm going to b...
Hi All,My 61-year old father recently signed a lease with a 40-year-old Russian woman who had recently moved to America on a tourist visa and started working illegally ((he did not find this out at the time). She move...
Was talking to a lender friend earlier who said Zillow Zestimates aren't trustworthy at all as they don't factor in REO sales. So aside from performing an actual appraisal or BPO, what are some good rules of thumb for...
Hello BP,I am just getting started and have been active in my local REIA, I have been approached, about a week after a meeting, by a member who has offered his mentorship and would like to do a deal with a 50/50 split...
This is going to be long and complicated, and I hope I can go into depth without causing confusion.My dad passed away last April and left me his home. I rented it to an older couple that I've known since I was in elem...