Mark Beekman
Operating Expenses Estimate Too High?
When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
Michael Batts
Lady Called Cops on Me for Cold Calling!
Soo...I've got a tax delinquent list. I've been going down it making cold calls asking the owner if they'd be interested in selling.
Some lady got sooo mad, she cursed me out and said I was harassing her. Mind you, t...
Sue Vivilacqua
Sold my portfolio and the property management isn’t paying me out
Anyone else dealt with this and what did you do? I had several properties being managed by an Ohio property management company. I recently sold all the properties. I have a pretty large balance sitting in an account ...
Nelson Barss
Forclosure bail-out, then rent back to the seller...bad idea?
Hi everyone - this is my first post. I've been hunting for a deal and I may have just found one. I need some advice because there may be ethical & "bleeding heart" flaws in my plan. Here it is:I'm a mortgage lo...
Kevin L.
So I went hunting for a Property Management System
NOTE: I have not received ANY form of compensation for this post. None was requested and none was/will be accepted. I am writing this to simply help other people that may be in the position that I found myself.In J...
John T.
Bill Dispute with Contractor
Perhaps I have been lucky to avoid this on the first handful of properties but I recently had my first dispute with a contractor. I received a bill for much more than we agreed to. I called several times to try to s...
Willie Mincey
Finding/Screening Quality Tenants for SFH in East Oakland
Hello BP! I own a home in deep east Oakland, and for the past three years it has been used as my primary resident. I am moving out, but want to convert this home into a rental property. I have heard numerous horror st...
Patrick Reagan
Underground oil tanks
Am considering buying a property in New Jersey with an underground oil tank.Stay away?
Jennifer Santana
Newbie Serving in the Military
Hello everyone!My name is Jen and i am currently stationed overseas. I am hoping to do twenty years in the Army. My plan after that is not have to work for anyone else and live off passive income and of course the che...
Stephen Dominick
3 out of 5 Americans have no reserves
I just read a WSJ report citing Bankrate a banking analyst, that 3 out of 5 Americans do not have the reserves to withstand the most mundane unexpected expenditure, "The survey found that an unexpected bill would redu...