For those passive investors out there, which matters more to you - That your sponsor has money in the deal or that he/she has a successful track record?
I'm new-ish to REI, with just one SFR so far. I'm now looking to expand into multifamily (with BRRR!). Bear with me, this will take some length for explanation.I went driving for dollars and sent out four letters. Abo...
My tenant was notified in November 2022 that I would not be renewing their lease which was due to end in March 31, 2023. They just informed me now (March 2, 2023) that one of them is having open heart surgery (pre-pla...
Hello,
I currently live in California and am looking to buy my first rental and trying to decide which state and strategy I should pursue to start.
A little about me:
-W2 (remote) - not sure how long will last, so ...
Hi all,I just bought my first investment property last month, and I'm having trouble getting renters interested in the property. It's a small 2BR/2BA, about 820 square feet, just outside of Denver, CO (in Wheat Ridge...
Out of State investor is being sued by the city of Chicago for $ 860,000 in fines. $ 7000/Day fines. This is pure harassment by the city of Chicago but it true. I have copied his entire email to me just as a cautionar...
Two nights ago, I attended a meeting in Prince George's County about buy and hold investing as well as managing your own properties. So I'm just going to jump into some of the things we went over. Feel free to add any...
Hey BP,This question is for the out of state rental investors. What criteria do you use when choosing your out of state markets? Are there certain numbers you use (in choosing the market, not in choosing the property)...
SFH in established, nice, stable Houston neighborhood.
Asking Price: 170k
Rent Comps: 1650/month (19800/year)
NOI: 9603 with 50% rule after 3% vacancy allowance
I'm assuming 25% down with 6% on the balance.
House...
I have a small sf home for rent which is only 500 square feet.When prospective tenants call me and ask questions, I tell them the place is very small, only one closet for storage, really just big enough for a single p...