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So last night my tenant and I went through our property move out inspection walk through. I had bought this property about 6 months ago at auction and inherited this tenant. Needless to say, the place is destroyed. ...
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We are a group of investors from NY, NY, TX looking to buy a duplex in FL. Many of the deals we evaluate are showing 7-8% cap rates, which works well for us, but once we stick a management company fee on there it is w...
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In keeping with the spirit of Halloween, what has been your scariest moment as a landlord or investor?
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Reading through this site has opened my eyes to problems I never thought of. I usually stick to local rental properties. While trying to find a new investment for some cash I needed to put to work, a friend recommende...
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I just got this text from one of my tenants. They have decent (not great) credit, have always taken ownership in the property (maybe now I know why?), and never been late on their payments. They're fully-employed, a...
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I have 6 residential units and would Like to transition into the commercial real estate world. Preferably triple net properties. I’ve read that you have to have 30-40% down for a NNN property. Is there anyways around ...
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Has anyone ever bought a rental property in Memphis from this person?
He lists MANY properties for sale in the BP "properties" section at what appears to be highly INFLATED prices. Also makes what appears to be unli...
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Let's say you have 5 properties that - due to economic and job market conditions in the area - only command enough rent to barely cover mortgages, insurance, and taxes. Nothing left over at all for maintenance, repa...
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Have you heard of Eric Spofford?
He has a webinar about investing in properties with Section 8 tenants, and has a course teaching how to invest in Section 8 for $1,997.
I wanted to see if anyone here has invested in...
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I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...