When analyzing a deal, how much cash flow per unit do you aim for? I am specifically thinking not just after expenses, vacancies, amd repairs but also after any mortgage. Does this differ for you if you are analyzing...
Since I signed up for my BP membership, I have been pretty diligent about trying to evaluate at least a few properties every day. Originally, just to get reps in I was utilizing the rental calculator for everything j...
Thank you to everyone that has shared their thoughts in the question of the week so far! As the Community Engagement Specialist for BiggerPockets, I love to see how diverse real estate can be. Being so different, we a...
For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dol...
I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.
Typically how long doe...
It's 10pm. I'm about to start washing gross bathroom walls in the apartment we're renovating to prepare to sand and paint. I'm on BP because I don't want to do it...I see people talk about hiring painters that can kn...
I knew this would happen eventually, but I still don't know how to overcome it mentally. My goal is to grow my business (currently 3 rental properties) and work on systems and whatnot, yet I'm deeply troubled by one ...
I was driving home from a party yesterday afternoon and saw a truck with a big American flag driving on the freeway. I asked my wife what's the occasion? She said September 11. She reminded me that I've been off my W2...
Here's my challenge for this week to all new (and experienced) investors:
GO MAKE AN OFFER!
Taking action is the single biggest thing anyone can do to make progress on their goals. So, for all you n...
I posted on another LL and would like to get y'alls thoughts on the situation:I'm on a merry-go with a POS tenant. I terminated contract with PM. All tenants were by PM notified that I would be self-managing beginning...