Ok I am just going on a rant tonight. I get an email from a guy trying to sell me a house I have already looked at and know who is selling it. The price has dropped but I explain to him that I know who is selling it a...
I am just starting to acquire rental property and curious what others consider the minimum cash flow requirements for deal analysis. Per month and per unit, after expenses and debt service. Also, self manage or pay p...
Perhaps this isn't the right place to ask this, but in the most innocent way possible I am curious as to how people who have quit their jobs in order to pursue investing as a full time gig make money. Basically anythi...
Since I mostly just look and give instructions to the Super, it was a real "turn back the clock" moment for me recently when I was trying to meet an inspection deadline-not enough manpower to get everything done. The...
This is an interesting story for home owners in Florida. I just went through 2 weeks of hell but I finally won.I met a young couple who were unemployed and had no where to live. I allowed them stay in my house providi...
Hi This is Jie from Fremont of Bay Area. I'm new here on BP. I hope I could find out BP before I invested. There are so many discussions and good advice on the forum.I actually invested 2 properties in Antioch/Pittsbu...
I just finished Scott Trench's book "Set for Life" and let me start by saying it is a awesome read and I fully recommend it to anyone and everyone.In the book Scott bashes on typical retirement plans such as roth IRAs...
If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...
My vote goes to Professor Gates who immediately accused a police officer of racial profiling when that police officer responded to a report of a break-in of his own house. Was it really too much to ask that Prof. Gat...
After years of interest in real estate, I found BiggerPockets in February of this year... and today, I closed on my first 4-family rental property. Here are the numbers and some photos... plus four things that helped ...