I currently own and manage 7 single family properties. I've thought about getting a property manager in the future, but I really don't understand why they require a percentage as opposed to a fee for the work done. Th...
Well,You guys all likely made your resolutions for this new 2015 year. Not to dump a bucket of ice-cold water on you, but just to remind you newbies out there - it's a lot easier to get in than to stay in this game.T...
A serious question indeed!
We all watch videos, read books, and attend seminars.. Right? We love it in fact! You could probably answer that question rather quickly without much thought (especially if you are a seaso...
I love the idea of buying rental properties in a more landlord-friendly area, but the idea of managing a rental property from afar is terrifying. I would love to hear people's experiences with doing this and how it ha...
Not sure about you guys but I thought last weeks Podcast was pretty powerful. It really got me interested in looking into purchasing non-performing notes. I read up on it since and have a better understanding of how i...
What do you do when you purchase a house, rent it out and then the market crashes and the house is no longer worth paying such a high rent rate to potential renters comaparing them to other houses but you are still s...
Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
I guess my situation is a little unusual - I have a potential tenant who has filled out applications but did not disclose they have an emotional support dog until we mentioned there will be a pet deposit since there w...
Quick! Sell me your house before it’s too late! :)Are you optimistic or pessimistic about this upcoming recession?I’m optimistic about these next few years, I hope there is a massive price correction. I’m running arou...
Ok so there was a water leak about 5 feet from the meter outside of the home. The tenant notified me of the leak 27 Jan and it was fixed 3 Feb. I spoke with the water company and the leak began during the billing cy...