Mike McKinzie
Dear Property Management Companies....
and Property Managers in general,Just about no one on Bigger Pockets is as big a defender of Property Managers as I am. While some folks are great DYI people and can manage their own properties well, I am a firm beli...
Lisa Lavie
NO MONEY DOWN! :) Just closed on my 3rd property...
Hey Fellow BP members,I'm so excited! I just purchased my 3rd SFH in Montreal, Canada 3 weeks ago. I purchased the property for 165K, however it's worth more like 200K in it's current condition. It came with tenants &...
Leon Green
Property Management Fees: Conflict of interest?
As a property manager I'm familiar with many trends in fees/revenue generating practices that property managers charge. Some of these practices do not align the property manager and property owner's interest. For exam...
James Pederson
Serious Life-Changing Dilemma - Became Aware Of Major Fraud
Sigh. The last 10 days or so have been traumatic for me. I have a son-in-law who is an experienced real estate investor. I became aware that two deals had closed six weeks ago involving one of the investors I got him....
Dave Mosher
What is your goal for monthly cash flow after mortgage?
When analyzing a deal, how much cash flow per unit do you aim for? I am specifically thinking not just after expenses, vacancies, amd repairs but also after any mortgage. Does this differ for you if you are analyzing...
Kiran Alisam
Turn Key Investments
Hi we are on verge of closing our #1 Turnkey rental in Maple heights Cleveland Area, Price: 56900, Area: 1160 Sq ft, 3 bed 1 bath, Rent 850 to 900 per month, Management Fees: 10 percent , Taxes: 500, Insurance: 600So ...
Kevin L Owens
Feeling frustrated ... your thoughts
As I continue to explore and prepare to be a REI I am finding people around me being very doubtful and advising against. The feedback is always about the headaches, constant tenant problems, constant repairs, evictio...
Josh Dickson
Is it worth it to enter the real estate game at this time.
I've always been interested in real estate but I never had the capital to even think about it until recently. Some of the information I've read seems to indicate that the market is very competitive at this moment. Als...
Hobart King
Insurance is killing my rentals
Can someone tell me what a normal amount is to pay for Insurance on low end rental properties? I own two rental properties in a 50/50 partnership in Birmingham, AL.
Rental 1: Market Value ~50k. Insurance Payments ar...
Jake Andronico
Thoughts on Dave Ramsey?
I was NOT a fan at first, but some of his principles (though not all) have resonated with me. Curious to hear everyone's thoughts.