An investor who invests in a property with an 8 cap return for a hypothetical amount of $1,000,000 will earn $80,000/year in cash flow. IThe 8% return provides the investor a strong return which is about equal to ...
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It's 10pm. I'm about to start washing gross bathroom walls in the apartment we're renovating to prepare to sand and paint. I'm on BP because I don't want to do it...I see people talk about hiring painters that can kn...
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It’s 2024, and you hear it all the time now: “You can’t buy turnkey, cash-flowing properties anymore.” With the COVID-era surge in home prices, rapid increases in mortgage rates, and rents not keeping pace, it really ...
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Hello All, This is my first discussion. I would like to reach out to investors/Realtors all over to see what they are experiencing in your market and your thoughts on where the market is heading. I have a fascination ...
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Hi everyone.Its been quite a while since I last posted. I've been working on a few larger deals this past year along with my relocation to the Chicago area, so I've been super busy. But now I finally closed on my last...
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What is the cheapest house you ve ever purchased?Why did you buy it?what did you do with it?Would you do it again?I hear about so many big money deals but low cost acquisition stories can be inspiring and motivational...
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I have done a few flips, and currently rehabbing a buy and hold in greenville, sc. I do most all of the work myself, which is pretty slow going since i only have so much time to devote . I enjoy carpentry, and the f...
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Relative newbie to Landlording 101 (just over 2 years)
What is the WORST (stupid, funny, challenged etc) request a tenant has made to you? It can be written or verbal
I'll go first, I expect you more experienced la...
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California has long been seeing people exiting, and I'd speculate that COVID will increase that trend. Especially as we see tech companies like Twitter, Square, and Facebook allowing Work From Home. I personally see...
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Hi all, having a serious situation here at a 3 family property I own.
It's a 3 family property. A few months back, the 3rd floor tenant stopped paying rent. Evicted him. Cost a couple grand to do, but got rid...