Rohan Gangar
I heard about the 1-2% rule, but where are the deals that fit?
The 1-2% rule is when you purchase a home for $200k and receive $2,000 rent on it. That is extremely hard to find, yet this video says anything that doesn't follow the 1% rule isn't even worth it, as it most likely wo...
Mindy Jensen
Self Storage: What Percentage of Rents Did You Collect in April?
OK self storage peeps. What percentage of rents did you collect in April? Do you collect quarterly or monthly? I'm assuming they are credit card auto-debits, please correct me if they are not.Did you have any unusual ...
Henry Clark
Self Storage- Remote Management
Just got back from Belize for a week. Two months ago, was in Sicily/Italy. During these trips we still managed our 7 Self Storage locations remotely from those trips. The following is a summary of key elements to a...
Ronnie C.
Anyone use pay per lead marketing, and how much annual spending on marketing?
I'm not a newbie, just looking for what's best and easiest to get the phone ringing. There are sign bandits targeting bandit signs these days that pull them up on weekends after setting them out. Tired of fighting tha...
Steve Saltman
Section 8 accounting question with Quickbooks
Tenant pays, say $300. Housing authority pays, say, $700.
When recording the $700 payment, do you create a new customer for that tenant/HA combo or just have all HA payments from a single "Housing Authority" custome...
Jamal Mitchell
Non citizens buying
Hello BP
I am a fairly new real estate agent and I have ran across a question I have no clue about. I have a potential customer looking to buy, but the only problem is she is not a US citizen. Can she still buy, and ...
Paul Sandhu
A motel closed in my town yesterday
A little bit about my market/competition. There are 3 premium hotels in town. They offer breakfast, a pool, gym etc. They are $600-$700 per week. People that stay here while they work don't mind spending the extra...
Marco G.
I'm a bonehead(?): I agreed to PM suggested large rent increase
I purchased a number of adjoining properties mid last year. This unit came tenant in place on their first year lease. My first lease renewal of 2016 comes up next month and PM suggested a 9+% rent increase. I was very...
Roger Garnett
Looking for on-line application and payments for a small operation
We're starting to rent our first property - a nice duplex, and want to do as much on-line as possible. (Which most tenants will prefer in my area) I'm looking for low cost recommendations for on-line rent (and othe...
Julio Gonzalez
Investing and Tax Strategies for 2023
As we close out on 2022, take a bit of time to reflect on the year and set expectations/goals for next year. 2022 was a wild year for real estate investors with the huge increase in interest rates throughout the year....