How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...

I am completely new to the world of apartments, but came across an off-market out-of-state deal that was worth exploring. I'd like to lock it down as soon as I can, but the problem is that we don't have the entity st...

Hello BP!!! Well after many, many months of reading and educating myself from the wealth of knowledge here my wife and I have purchased our first investment property! Ruby Door Properties, a brief history: I like many...

I am new to managing properties and only managing this one.   I have three properties and one is local and I inherited this tenant from the seller.  first month she paid on time with zero issues.  The previous managem...

Hi everyone!! For those that don't  know who I am, I am Karen Margrave. I've been a moderator on BP for several years, having become obsessed with the site in 2010 or so. I was living in Orange County CA and we were b...

Hello everyone, I am a practicing pharmacist/ pharmacy owner from San Jose, California. I recently stumbled upon BIggerPockets and am now obsessed about REI. I have zero experience in real estate investing, but I am i...

Hi, my name is Lauren and I am new to BP.  My husband and I started doing research and looking at properties in the Big Bear Lake area.  We have so many questions and we want to see what you guys think:1 - Condo vs Ca...

Hey All,I'm an agent/investor in Las Vegas, flipped a couple properties, but looking to build a rental portfolio. For the first one I'm thinking I'd like to get one that cash flows well and unfortunately the market in...

I realize I sound very defeated and that is because I am. I have been investing for seven years and I think I am done. I do complete background checks of criminal, credit, references, income, everything like I shoul...

Ok - Looks like the NY Post called the election for Obama . . . seems like the rest of the nets are tiptoing around it. So, I'll stand behind the Post and call it for Obama.
[UPDATE - It is official - McCain is in ...