Exo Dallas
2% Rule or (Rent x 50)
I understand this rule and why I must use it. BUT, is there any other criteria that should be consider? Do I ever go down to 1.75% or say (rent x 55) for example? OR is this the 2% the minimal I should ever use.
A...
Matt Berklacy
lease w/ option to own, versus seller finance, ..better passive?
what works better all around for a passive income play, least stress, least legal issue? lease with option to own? (non refundable deposit, higher payments, outsource light repairs to tenant,)or seller finance? large ...
Josh Heeb
Mobile Home Park Strategy
Whats up BP! I found a couple mobile home parks close to me that are for sale. One is 90%+ occupied and nice little community. The other is particularly interesting to me and I want to hear some opinions about this ...
Kevin Phu
Common Area Cleaning Responsibility
Need some landlord advice.I have a 4 bedroom SFR about 3 hours away that is rented out room by room. One tenant I feel like is going to move out soon. The last time I was up at the house (about a month ago), the commo...
DJ Baker
Empty Mobile Home Park Valuation
How do you calculate the valuation of a mobile home park that is empty and with X lots ready for rental and Y lots “possible” but without road and utilities setup? I’m used to running cashflow and cash on cash ROI ana...
Thomas Dionne
Question for people familiar with reo to rent and hedge fund strategy..
Im just trying to figure out if one thing is true about what the hedge funds are doing, I read this 2 weeks ago and cant not think about it...
Everyone has seen how hedge funds in a lot of cases are paying retail ra...
Mark Henry
Seller/Property Manager lied about rental income on multi family
Outline of events- Bought a quadplex about a year ago- We asked about income/expenses from the past seller and were given monthly statements/expenses for the past couple of years which looked promising.- We have some...
Terence Brown
How do we transition from personal mortgages to LLC?
My partners and I have been financing properties, leveraging personal mortgages all the while prolonging the jump to sending everything through our LLC. Is there any alternative to hard money lenders when looking for ...
David Krulac
Buy to Rent is Over
according to article in new Bloomberg business Week of June 10, 2013, page 52.
"We just don't see the returns there, there's a lot of bluntly -stupid money that jumped into the trade without any infrastructure, witho...
Daria B.
in search of CPA...duties
Didn't know where else to post this....For those that have CPAs whether for the first time or habitual use, do you get an electronic organizer each year to fill in all your 1099- info, w2 (if you have), SchE data, et...