When buying a property I always calculate 10-15% for delinquency and vacancies. With my portfolio this is a conservative average however I have a fourplex with small one bedroom units that seems to take a long tim...
** Keep in mind while reading this that the LA market is crazy. The 2%, 50% and most other rules don’t apply. :-) **Six years ago my husband and I bought our first property - a run down duplex in a transitioning part...
Hello Everyone,I understand that reinvesting back into your portfolio will help your business in the long run but what income do you live off of in the meantime? What is a good balance for living off of cash-flow vs r...
Hello! My name is Klesta and I'm brand new to these forums. I have been listening to bigger pockets for 10 short weeks now, but I feel I have learned more here than in any of my years of attending college or the MBA p...
At the time of applying, I had all my paperwork and verifications etc. I had whatever deposit required at the time of application. The management seems unorganized as I had to return 3 following days to sign "forgotte...
So I get 15-20 leads for each booking on Furnished Finder, which is a PITA because of all the manual follow-up and manual paperwork required vs AirBnB and others with instant booking and streamlined tenant approvals/p...
Hello, what are the biggest adjustments you had to make to your business when reaching 20 SFR? I am currently at 9 units and usually add 1 property at a time. I am hoping to reach about 12 units in the next 6 months a...
i took a class with Richdad poor dad a while ago and the guy said that you want to have as many credit cards as you can get. i have heard that having too many credit cards hurt your score.so my question to you is, wh...
Hi, my name is Blake, I wanted some pointers on how to get started with real estate and flipping properties. I’ve always felt like a 9-5 is not my thing, and on the search for careers and things to major in for colle...
Last week I met with a local financial adviser. I informed him that I'm a real estate investor, so he suggested Infinite Banking as possible financing option. The infinite banking sounds similar to using $401k or IR...