I hope none of you have experienced this, but in my four plex, I had a tenant give notice who was trying to dictate terms to us. Constantly difficult and really exhausting....the kind of tenant that can wear you out....
While at work, my tenant called me about 11 times today because her hot water went out. I have been working on the plumbing on my days off, so I wasn't sure if it was something I had messed with or if it was an issue ...
Hello BP community!I am finally going to make the move to start my journey of getting out of the rat race. I have come up with a plan to start investing in rental properties. My goal is 2 per year for the next 10 year...
Good day everyone,My tenant gave me notice that they'll move out soon.For my next tenant I am using COZY for my rental services.Can I accept only online rent payments in New Jersey?I'm planning to only accept bank che...
Hi everyone, I’m Kevin, 27, and an Air Force Pilot. I’m excited to say that yesterday, I vacuumed my truck. If you don’t know what that is, go listen to Podcast #276. I first became interested in real estate when in m...
I attended a NARPM conference this week, and there were some interesting ideas presented. You need to figure how best to apply them to your business, and some may not work for you, but I though they were worth sharing...
Here is what I am considering for my 1st deal:
$63k purchase price for a duplex
Rents are $550 each unit + utilities
RE Taxes are $1,517 per year
Here is what I underwrote:
20% down
6% fully amortizing 30 year loan
...
Hi guys,
Im wondering if anybody knows of solid property management software that has either a blackberry companion app to input data, or some other way to record info on the go...
Theres GOTTA be an easier way to k...
Hello guys, I am in talks with a property owner who wants to sell. This is going to be a Wholesale deal. Disclosure: I'm off to a super beginner start so I may have screwed up or don't have enough information so I hop...
Since you are able to carry only 1 FHA loan at a time, I thought that it would be reasonable to maximize its potential. I will briefly describe what I am referring to. Through an FHA loan, you are permitted to purchas...