I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
I'm doing research on asset protection. Now another post started on here specifically talks about Anderson Business Advisors out of Nevada and another state (can't remember off the top of my head). They are the comp...
I've been considering quitting my job a lot lately, should I? I recently purchased my first 3-flat where I should be able to successfully house-hack. Mortgage is 2k and rental income should be about $2600 a month. I m...
So far I've been working with an agent that has, to my knowledge, never worked with an investor. Over the past two years though I've bought 2 properties with her help. She pulled comps and we talked about what rent ca...
Hello everyone,I'm a real estate agent from New York. I work equally with buyers and sellers. This past month a past rental customer called me and said she was looking to buy a house. She proceeded to tell me that s...
On average, most consumers only move once about every 7 years or so and for the typical consumer, a good real estate agent can be worth her weight in gold as far as the negotiation skills and technical experience brou...
This is more of a vent than anything.
So the first month with a new tenant has come around and I still have no rent payment. We set it so it was due on the 5th and late by the 10th; The renter wanted to pay r...
Hello Everyone, I am new to investment properties and I am currently in the process of closing on my first multi-unit property. I have been doing a lot of research on everything over the past several months and h...
BRRRR works, no doubt. I've completed two but am now stuck waiting three months until I can cash-out refi on my third. So here's my question-- how the heck are all these investors doing it-- BRRRR-ing 5-10 properties ...
I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...