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It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
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There are four different tax sale redemption periods in Alabama. At the time of the tax sale, the investor receives a Certificate, which entitles it to possession of the property. Three years after the tax sale, the ...
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I recently posted some questions regarding financial strategy involving car loan debt, student loand debt, mortgage debt and cash for new acquisitions.
There is a strong contingency of folks that claim you should nev...
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Hello BP, has anyone had any experience installing rooftop solar panel systems to their rentals and charging tenants for the energy usage in order to increase cash flow? How did this work out for you? If you have not ...
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I am having trouble getting one of 3 very nice units rented. I'm not sure whether to lower price or install a washer dryer or take other action to get it rented. Our triplex was fully renovated in early 2016 and fully...
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I'm a single mom and I work full time. Im looking to purchase my first home and I am looking into purchasing a two family home. Im a bit worried because everything I read says that having tenants is not worth it. Is t...
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I just finished my first flip. The house was purchased off the MLS as a banked owned. Asking price was 119k and I offered 125k cash two weeks closing. They accepted the offer. Repairs. I am purchased a house flippin...
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Most personal finance pundits will tell you that if a purchase does not produce income and depreciates, it's bad debt. They'll also tell you that you should avoid bad debt wherever possible, buying things like cars up...
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Investors - I'm torn on making a decision here and am curious how some of you would handle this situation.
For starters, here is my background. I am a new investor in KCMO, but live in Denver. I bought three SFHs a...