Well first time I ever had to evict someone and the courts sent me a paper and also the sheriff who did the eviction and said I MUST store the tenants belongings/personal property for 10 days. If they do not notify me...
Hi folks, I've been hearing a lot about Apex, NC being a good rental investment property. "d like to purchase a $200-230K house (preferably 0-3 yrs old) and rent it out. I live in Seattle, WA so won't be in person to...
A couple of years ago I sold an LTR and 1031-exchanged it for an STR in the NC mountains. I have grown to really like the STR business! Now I want to sell a handful of LTRs and buy another STR, this time preferably in...
This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...
I'm looking at buying a rental in Sherman or Denison TX. The purchase price compared to rental prices seems to be right, providing about a 5-8% COC return with minimal to no rehab. Does anyone out there have experien...
I would like to start off by saying thank you all for providing such a wealth of knowledge on this site and via the podcast. This is my first post and it definitely will not be my last. A couple months ago i was direc...
I have been acquiring rental properties for the past two years. I partnered up with a good friend from college and now we also manage other people’s rentals and find deals for them. I have built a strong team and now ...
Through experience and observation there are endless scams in the Real Estate Industry. I'm a math guy, I do the numbers and can forecast value, so a scam is pretty obvious to me. I've been reading BP on and off for o...
The Phoenix housing market has become overpriced.
That’s according to a recent study from researchers at Florida Atlantic University and Florida International University.
The research found that homes in various met...
I saw a TV show talking about the average sales price in the Bay area at 936k along with some tear downs in Freemont selling for 1.1 to 1.3 it was crazy even for someone like me who bought their first home in the la...