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My tentant's rent was due on September 1st and have not received it. I tried to reach through text and left a message on his cell phone with no response. His father just called today asking me if he had seen his son...
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There is a lot of commentary surrounding the topic of whether to rent or buy (Regarding personal residences). A roof over your head is an expenditure. The rent-or-own paradox is about losing the least amount of money ...
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For those experts, your input is highly appreciated . I'm a newbie here!My offer just got accepted for an REO property and needs some rehab before we can close the loan and ready for rent.I got call from a lender LOAN...
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I have 8 units 1 mile out from the university student center and on the edge of what might be described as "the hood." These units rent for 450 + gas & electric and pet fees.The former landlord mostly rented to st...
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Wondering if anyone has any thoughts about the recent interview by Meredith Whitney, about the only Wall Street analysts worth anything, on CNBC.
She talked about Detroit bankruptcy saying more is coming. She succes...
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I know this subject has been discussed numerous times in various threads on BP, but I'm going to bring it up again.
I am looking for feedback from anyone that has gone from investing and managing their own properties...
Im a young investor - relatively new to the game. I have built up to acquire a 16 unit apt complex worth roughly a million. Here are the numbers
Gross rents - 13200/month 158,400 /yr
Operating costs avg range-82-88...
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I always attend my buyer's home inspections. I've been through this before multiple times, and many of them have not ever been through one.I'm there the entire time, and encourage my buyers to be there the entire time...
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Hey BP!I’ve got an issue with a foreclosure I just bought today. I won the auction and paid for the property there. Then I drive by the house and there’s an investor company (something like “we buy run down house”) si...
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Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...