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I've been looking for my first multifamily property and I found a fourplex that just popped up on the MLS at $330,000 getting a net rental income of $2500. Looking at the 1% rule the price is way over the rental inco...
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Hello,I've had some issues with excessive costs through my property management company over the years. I'm a passive investor and these properties are in a different state than I reside in so I'm not there in person ...
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Hi, I just bought my first rental property last month. I live in NY and my property is in FL so the property will be run by a property manager. I just received the property management agreement and the cost of prop...
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Hey all.
I live in WA state and have several properties in surrounding Nashville, Tennessee that are managed by a very small property management company. After some recent not sitting well scenarios we want to go wit...
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I just got a note telling me my monthly cost for Buildium's services will climb from $25 to $40 a month. This is significant to me since, I only have 3 units to begin with and I will be paying as much as if I had the...
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BP, Recently, a friend of mine was having his flooring replaced and he paid the contractor IN FULL before any work was done. The contractor now won't get back to him and hasn't shown up for work two days in a row. I w...
Hi BP! I'm a newbie looking to make my first purchase: a duplex. I'm planning to use Navy Federal Credit Union for financing with a 0% down VA Loan (my husband is Active Duty Navy) and house hack while working F/T. Th...
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I am in the midst of dealing with a wholesaler that has left a bad taste in my mouth for the wholesaling business, and am wondering if this is common practice.A little background: So, I'm trying to sell my house and ...
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I'm a newbie, and recently attended my local DFW Real Estate Investment club this Saturday. I heard this interesting idea about a buy and hold philosophy in relation to vacancy:
Most investors don't own enoug...
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As quoted by some of the great titans throughout history, time is the most valuable asset that people possess. Time spent on viewing and maintaining a property can be leveraged towards finding your next deal and build...