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I currently own and manage 7 single family properties. I've thought about getting a property manager in the future, but I really don't understand why they require a percentage as opposed to a fee for the work done. Th...
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The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
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Hello fellow BPers!Now, I know we’re all young at heart. But I’m specifically looking for those under the age of 35 to answer these questions. Feel free if you’re older to answer these questions too because honestly,...
A quick comment about Brian Gibbons, if I may.I have never met Brian but for the last several months I have been following his posts, along with posts from other people, on this blog. His posts have always been well t...
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Why do you think so many RE investors are willing to share their knowledge with newbies and other investors? I've dabbled in a few other businesses before getting started in RE and every time I would ask a more season...
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I have been living in Las Vegas for 9 years now and have been actively researching the real estate market here for at least 4 months and SFH seem to be where I think I would be most comfortable with having a rental. A...
There is sooooo much info out there, I'm not sure where to start? Shoul D I purchase a formal course first? Find a mentor? Set up an LLC? Find buyers? Find sellers? Like, where should I start, what are the three fir...
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My husband and I are new to real estate investing but know that it’s the path that we would like to navigate together as we strive for financial freedom, escaping the rat-race, and growing into entrepreneurs. I recent...
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Frequently, I encounter people that are reticent to become investors because they believe that tenants are a major, consistent problem. I think this is a fair assumption as it is something that seems to be theme that ...
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@Russell Brazil@James Wise@Joel Owens@Darren Sager@jay hinrichsWell, I find myself in a bit of a dilemma.I decided to get my Broker's License and start a Brokerage Firm. I now have my NY Real Estate BROKER's License (...