I have a problem with paying people by percentage rather than pay per hour.For example, nearly every single property manager charges a percentage of the rent 6% to 10% of the monthly rent for property management fees....
I just love this saying...
and,
"analysis paralysis" = someone (usually a numbers guy) who over analyzes every deal to a point where he can never jump in the game.
Dave Ramsey always uses "leave the cave, go out a...
Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
2 years ago, I decided I wanted to get into house flipping, so I got my RE license last Jan. I sold 20 houses last year in my local market (ASHEVILLE NC). I wrote my goals for this year and on that list was to put mys...
I haven't posted a thread in awhile. I think one of the last ones said I was retiring for real....Wifey and I decided to consolidate and move to The Villages in FL. We had 3 houses to sell, 4 cars, a golf cart and ...
My wife and I are tech managers in the Valley, looking to shift more of our portfolio into Real Estate. Any resources that can help us learn for success are handy ones for sure. Look forward to exchanging knowledge ...
I've got about $300k to spend on a home that offers capital appreciation along with some decent rental income (not expecting it to necessarily cash flow). Does it make sense to buy a larger house in the suburbs or a s...
This question has been asked so many times that I have decided to write up a crash course in analyzing financial statements. You don't need to be a financial wiz to invest in real estate, but you really need to under...
Hi, this is my first time posting on BP, though I've been a longtime podcast listener and forum browser. I bought my first rental property, a 2 bd 1 ba condo in Prince George's County, MD, about 8 months ago. My pro...