This is a story with drama, drama I did not want. And I can't say what kind of ending it has as this rental property is still on the market and has not caught a renter. But (I know I should stop starting sentences wit...

Hello all,My name is Franky Davis and I am relatively new to real estate investing and a newish member to BiggerPockets. Let me start with a little about me. I'm currently an orthopedic surgery resident (year 3 of 5) ...

What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...

Hello fellow REI just asking opinions of members regarding the pluses and minuses for a first rental property. I have been able to save around 25k cash in the bank with no debt to my name and minimal life expenses (li...

If everything goes well then our worst tenant ever will be moved-out in just under 12 hours from now, the champagne is on ice and we are cautiously optimistic. Interestedly enough, the problems with this tenant have v...

Hi guys,

I've been messaging with a couple of local aspiring investors, and we thought it would be fun to do a casual meet up for drinks/dinner and real estate conversation, of course! Monday, 10/14 at 6:30is...

Hi,
This is a bit of a follow up from my previous post. I'm very interested in a REO property that's about to come on the market soon. I tried to buy it as a SS but it ended up at foreclosure. The bank had accepted my...

I hired a contractor to instal 1100 sf of tile because the Store where I brought the tile suggested him to do the job. After he started the work I noticed that he would leave my job for hours than come back and t...

I have a property that has a cash flow after expenses of $175 a month. My question is should I let that money build up in an account or apply that money to principal on the mortgage?

Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...