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Situation: My Tenant Stopped Paying and has violated my “ rent to own “ agreement. He is 20 days late, total violation, contract is now void. I have to evict as he said “ I do not have any funds to pay that rent “ - I...
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So I'm in the process of trying to sell my Single Family Homes in the Midwest (Springfield IL) in order to purchase another property here in San Diego (occupied 2-4) unit that will be around $0 cashflow at best, assu...
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Does anyone have any feedback or experience with regards to the Capital Syndicate program
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Looking for some first hand experience about this program. As someone who works long hours and shift work, I love the idea of someone else vetting the deals for me. The hardest part for me is finding the time to locat...
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Hello all. My wife and I are having a disagreement that we need you to weigh in on. Here is what we are having a hard time with:We started dating in 2012, and I've always held a W-2 job of some kind. I hated the l...
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I am waiting to close with New American Funding. The appraisal was two weeks ago. The HUD contract says 'time is of the essence' and has a date of 'no later than 45 days'. My agent is saying we should be closing now s...
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I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
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These are here to help you make better connections in the forums. It's ok to be new, but if you consider these five tips, you will get much better responses to your questions.
1. Writing too little or too much in a p...
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Ok, let me say I'm really asking because I'm bored today with sheltering in place! But I've been for some reason seeing the phrase "heavy hitters" popping up more than I remember on BP, referring to a particular group...
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After selling rental properties to investors for 20 years, the common denominator why people hate rentals is because they don't like managing the rentals. I always tell investors to spend their time educating, improvi...