Isacc Lightbourn
What is a cap rate and why are they important ?
I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
Account Closed
Funny but not funny tenant behavior during showings.
Ok, so this is kind of funny and serious at the same time. I work at a property management company and I do investing on the side. We recently had a very, very good tenant, one of the best we've had, so month to month...
Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
Brett Lee
Pay off rentals early OR Pay down Primary house?
I have a duplex that I owe $135,000 on that currently generates me $1000 per month in passive income. My primary house has a mortgage of $329,000. I recently sold our old primary house and I have around $200,000. I...
Stacy G.
Why investors should be their own general contractor
This is in follow up to a recent post by Engelo Rumora "The Top 3 People Most Likely to Rip You Off in Real Estate Investing"Probably one of the more misunderstood words in construction is "general contractor". Based ...
Carol Venolia
How do you cope emotionally with nasty tenants?
I'm one year into being a landlord, and I loved it for about the first six months--in spite of numerous challenges. I could handle it! My motto was "Nothing's gonna stop this cowgirl!" I rode high in that saddle.But t...
Jeff Bisgier
I'm panicking! Just bought my first property.
Hi folks. I joined BP awhile back when my wife and I decided that we really wanted to get involved in real estate investing, namely flipping. I've tried to educate myself and have looked at a bunch of properties but n...
Will Barnard
Reading or Hands on, what works best for you?
When I first started out in this biz, I read a ton of books, attended a ton of seminars and paid for training/bootcamps from the gurus (my only real mistake). After having a solid foundation under my belt as far as ed...
Jay Hinrichs
How important are sales skills to the investor
We see much discussion on how to find deals and buy deals. However not much is mentioned about how to handle the leads when you get them or HOW to CLOSE a deal.A great closer will out perform someone with superior kno...
Leonardo Cadenazzi
Find vacant homes now
Does any one know anything about Kent Clothier's new software designed to find vacant homes?
I have not found any information or reviews on the internet. I would like to know if it is worth the $995.
Thanks.
Leo