Shawn Ziegaus
Why do a lot of people say stay away from property managers
I am new to real estate investing. So please forgive any wording that is incorrect in this post. But, a lot of people I have talked to say to stay away from property managers and mange the properties yourself. Yet on ...
Dave Mosher
What is your goal for monthly cash flow after mortgage?
When analyzing a deal, how much cash flow per unit do you aim for? I am specifically thinking not just after expenses, vacancies, amd repairs but also after any mortgage. Does this differ for you if you are analyzing...
Bryan Stocklas
Seller suing me for backing out
Hi guys, I recently went to buy a rental property and after inspections were done the house only had a 60amp panel which means I can not get homeowners insurance for it. Since I can’t get homeowners insurance I can’t ...
Kevin Prentice
Landlord vs. Tenant -- Anatomy of a Trial --
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...
James NA
“ DEALS” that absolutely are not deals for the investor buyer
I learned and evolved in a different real estate universe.The rules we were taught and lived by… were the SAME rules that ALL of the REIAs and ALL of the Mentors espoused.1) DONT BUY A PROPERTY THAT HAS LESS THAN 25%...
Julie Kern
First Deal: SFR or Student Rental?? - Brainstorming
We have a contract on our first deal as of today (see http://www.biggerpockets.com/forums/88/topics/1548... for details).Our original plan was to rent this out as a SFR. But over the last 24 hours, I started wonderin...
Joel Owens
Glad I do not own single family houses!
It seems these tenants feel a sense of entitlement for not paying the rent. They think life problems they have created with their own choices should be solved by a landlord's pocket book.Economics and running a busine...
Dar Fornelli
Tenants paid full rent late, but have not paid late fee
For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dol...
Omar Johnson
As A Real Estate Investor You Must Continue Your Education
With all things that are done intentionally, education comes first. Education is primary to your success in business, and in all circumstances there is an identifiable pattern of learning that leads from thought to a...
Mindy Jensen
What is your biggest challenge in 2017?
Hey there, BiggerPocketeers!As we begin 2017, what do you see as your biggest challenges your business faces? If you're a new investor, what challenges are you experiencing in getting your first (or next) deal?