I'm looking for some benchmarks for figuring out how different areas in intown and near OP Atlanta are classified (A, B, C, D areas). I bought my personal residence 'across the tracks' in the City of Decatur 20 years...
Hello! I hope this message finds you all well. My wife and I recently acquired a 4-unit apartment building with inherited tenants, and I'm facing a bit of a dilemma that I'd appreciate some advice on.
Two of our tena...
I'm a 19-year-old college student in Fort Lauderdale, Florida. I recently talked to a doctor who is aspiring to live in Manhattan, New York about real estate.When I asked him about how I wanted to start investing in r...
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
I have seen some that say carpet is the way to go in bedrooms, but others that say it is too expensive to replace and there are on-going costs of cleaning between tenants. Personally I have the tenants pay for cleanin...
Hey there! I manage about 100 units, a mix of Commercial, Multi-Family, Single Family, and Warehouse. I currently use Quickbooks, a few Excel Sheets, and Google Calendars for everything. I'm looking to use property ma...
Most real investors should not buy from realtors unless the realtor is an investor themselves and understand the business. Unfortunately, most seasoned realtors don’t even know how to calculate a cap rate. Even less a...
Hey there community!
I'm closing on a property tomorrow and I'll be inheriting a Section 8 tenant. I always like to think about possible "What If" scenarios and it's got me thinking. I ponder, how would it af...
Dear Pocketers,
How do you harden / bullet-proof your rentals?
While I've never had anyone utterly trash a rental of mine, I've seen the damage they can do first hand (typically when buying the rental and seeing ...
Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...