The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
Maybe I'm overly cautious or paranoid but that is a big concern. If it comes to evicting a tenant, or some other reason a tenant may have a grievance, I would feel much safer being some random Jane Doe. My first thoug...
Went to court today. >>>> in the words of Judge Smails (from the movie Caddy Shack) "didn't want to do it...felt I owed it to them". Sorry, that just came to me. Anyway......If you're going to be a Landlor...
Hi, I just bought my first rental property 2 weeks ago (I'm in Maryland), and I'm feeling a little overwhelmed with my inherited tenants- any advice would be greatly appreciated!The property is a 3-unit building. 2 of...
Okay people, let me get your opinion on this. I have a property management company that I'm with for over a year now. Problem is this:1) Property 1 (management fee: $150.00 per month)2) Property 2 (management fee: $12...
I am a wanna be investor. I have done no deals. I've only seen a few homes with a realtor. The issue I'm having is that I am starting part-time and I travel quite a bit for my full-time job. So I can't see any homes d...
Hello everyone. Im researching out of state (CA) markets and trying to decide which market I should focus on and start a team there. Im new and Im looking for some advise on what markets people are focusing on or inte...
Hi everybody! My partners and I are starting a REI company. We will be flipping and purchasing rental units. Goal is to slowly scale into medium-sized multi-family apartments. Our strategy for funding is to find pri...
Hello everyone! I am a first time landlord. I recently bought a SFH and am now listing it for rent this month.
About the house: The house was build in the 1950s but is in really good condition. The house is super re...
Hello Everyone, My name is Mike and i have been reader on the site off and on for about a year. i am inthe process of finishing a rehab on a property that I will be renting out. It is my first rental property and was ...