I recently put up a CL ad for my rental unit. Very first e-mail response I get says the following:I am very interested in your place. I'm comparing a few units in New Orleans and wanted to get a little more info. I'm...
What ratio are you Baltimore investors using to prescreen deals in Baltimore city? In other Maryland counties I typically use the 1% rule and it turns out fine. But with the insane real estate tax rate in Baltimore ...
Today, I was talking with a Phoenix broker of 30+ years. David said that when he was young agent two years into the business, he went to a conference where the speaker offered a challenge: "Do you want to make money i...
What Are Some Good Techniques For Finding Multi Family Mentors? I’m Eager To Keep Learning And Believe That Coaching Could Help Sharpen The Process.
Good morning BP! So I just closed on my first house! I have started fixing up minor things and painting interior to make everything look more modern. This is a 5 bed 3 bath ranch with finished basement. I have the mas...
Hi All, I am looking at a few mobile home parks in MN and I am wondering what you all use for evaluating the value of a prospective mobile home park. Are you evaluating it the way you would an apartment building? Woul...
Hi all,
Well, for the most part, I've inherited only 15 acre of land in a rural area. It's a good, nice, country area that is only about 1 hr away from Washington D.C. Thought maybe I should invest by developing 15 h...
I'm currently working very hard to get my REI career going. I also have a full time job. Because of this I spend most of my free time working... up to 100hrs a week when I'm doing a lot of the rehab work myself. Under...
Is it a realistic goal for me to become a realtor right out of high school (currently in 11th grade)? I have the opportunity of going to college (being a finance major to work in RE), working a job (maybe), and being ...
I've gotten about 7 homes in the past decade mainly in linear markets, focusing on cash flow and the 1% RV ratio. I've lived overseas for quite sometime so can't really do the BRRR strategy (or hesitate to from Asia)....