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A theme I heard several times at the conference was the notion that some very successful landlords did not ever wish to pay off their mortgages on their rental properties.
Rich Weese also touched on his strategy of b...
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As a limited partner, what are the things you want to hear from the sponsor?Plus, what parameters and specific numbers you look for in an offering based on location(Ex. San Diego - 8% COC ; Illinois - 12% COC etc. etc.)
I am a landlord in CA and have tenants who moved out July 1st. Following the walkthrough the kitchen sink faucet was noticed to be leaking beyond repair (unreported). The next day, a plumber installed and had to acce...
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Hello guys, I've been on BiggerPockets for a long time learning and reading. I was a given an opportunity to purchase a place for $75,000 which would yield a monthly cashflow of $363 if I amortized over 15 years or $5...
Top 8 Things to Make Rental Inspections Less Painful in MichiganUnless your rentals are in an area that doesn’t certify properties, we all face a rental inspection at some point. Experienced rental property owners ha...
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My goal is to move out of my existing primary (my first and only home) and into a nice home and rent my old house.
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Here are the details:
-I'm in Northern California, both my pr...
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HI Friends! Was hoping someone with experience could help. I just bought two duplexes in Cleveland and will have work done to them, there will be many expenses I have for 2018 as I just started an LLC and besides reha...
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Having never purchased a property wih a tenant already in place, we are trying to use caution. We made an offer with all the normal contingencies and in addition, we added contingent on proof of last 6 months rent pa...
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I been seeing a lot of articles/YT Vids with different ways they calculate their net operating income and capitalization rate. I will give a screenshot with numbers below and see how your conclusion varies.
Two ques...
Background: Created LLC partnership in 2018. Purchased a Home to renovate in 2018 and sold it in 2019. Purchase Price: $60,100 In August, 2018Renovations: $30,000Utilities: $ 2,000Property tax: ...