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Basel III requires bank lenders to hold greater reserves. What does this mean to you as investor? Price increases. The cost to carry cash for banks to appear solvent will be passed on to you as a consumer. The interes...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $150,000
Cash invested: $20,000
Bane of my existence... I should never have invested in Anderson, SC. The c...
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I saw an excellent piece of advice in our Official BiggerPockets Facebook Group today. "I created an operating procedures manual. Details all vendors, bills, banking setup, tenant details, current outstanding projects...
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Every time a tenant moves out, they don’t pay their last month’s rent. Sometimes they leave without paying the last two months of rent. Security deposit is not enough to cover the turnover and back rent. It seems near...
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Hi, we currently live in Georgetown, TX which is just north of Austin. We are going to be purchasing our first home in Indiana this April. We want to start it out right. For the first quite a few homes, I see us just ...
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Have a SF rental in Pittsburgh area. Looking to convert to student housing ie all undergrad. Apparently this is a niche market. At this point, looking for anyone to give me coverage. Â Extra glitch: House is jointly ow...
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I am new to real estate investing, and I will be closing on my first property this month! I do have two quick questions:1) I have just finished reading the ABCs of Real Estate Investing by Ken McElroy. Among other top...
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I had a seller contact me wanting to sell his house. However, he already has a deal pending and it is currently sitting at a title company. He would like for me to buy the house now (I would try to wholesale it) be...
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Property management can be very challenging, especially if you have another job. In such a situation, it is advisable to hire a professional property manager to manage the property for you. However, you have to take y...
I just got a job as a door to door sales person. I am very excited about my new job and feel that I will love it, grow in it, and be successful in it; I can see myself in it for the long term, working my way up in the...