I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Hey all, I am relatively new to the group. I am very impressed with the experienced professionals here and am glad that I stumbled upon this site. I am a seasoned real estate attorney and enjoy not only practicing la...
Hello BP! :)Just closed, with a group of investors and myself, on a 50+ unit apartment building.We have to rehab the whole thing over the next 18 months and my GC and I have a small bet on the counter-tops.I believe t...
Whether it be REI, Personal development, leadership, mindset, etc. - what book has impacted you in a major way and why? Looking to add some recommendations to my reading list!
I've had a tenant now for about 4 years and they are all around good tenants and good people. They have really made the house their home and will likely stay for years to come... The issue is they are late on rent... ...
I've been trying to sell a house for a few months, and haven't had any luck yet. I'm offering owner financing, but nobody has any money for a downpayment. Last night, a prospective tenant/buyer offered me an entici...
We have a property that we are using a management company for the rental. They are telling me that I cannot go into the property since they are managing it. They said if we want an inspection they have to do it. It h...