What is your real vacancy rate? Do you go back and actually calculate it each year or just have a number in your head? I typically input 8% in the financial calculators before I purchase a property but some are better...
Hello Everyone and Happy Thanksgiving 2015!My name is Julie Clark and this is my first post. I can't wait to learn from you, hopefully meet a lot of you in person and engage in this awesome community.I am a full-time...
My biz partners and I found a house on the MLS and used an agent to make a cash offer, which was accepted and we paid 3% commission. I don't mean any disrespect to agents, but we can't help but feel like the 3% was o...
I’m eager to here your recommendation / advise. Thank you.I have negotiated a deal. Have not presented a contract to seller, but we agree on terms and price and a 60 days to close for me to get financing. Ultimately, ...
Hello Community!
I'm so excited for my initial post. I am finally ready to jump into real estate investing as I have been saving up for the last couple of years to do so. I am looking into getting started with tax l...
Hi BP, I am new to REI and I am building knowledge on all strategies (pros and cons) to determine which one is best for my current situation. This is specific to the BRRR strategy. Say I find a multi family property t...
I may have a deal with a short sale. I can run the numbers, but what happens to the current owners when they do a short sale? Will there be any long lasting negative effects to their credit? Anything else negative ...
Hello friends,Tenant stopped paying rent in April, no communication, no May rent. Property management is expecting to be able to evict by end of year with the backed up courts. No rent coming in, mortgage and other fe...
Hi everyone,We need help on a dicey situation that is only seeming to get worse. We have a duplex in Oakland, Ca. Bought it empty, carefully screened tenants, and they moved in. Upstairs is a woman who lives alone, an...
I have been thinking about this question for the last 5-6 months, and everyday, both positive and negative thoughts come into my head about the future of Hudson County. I am honestly a very optimistic person and I sti...