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...
As a property manager I'm familiar with many trends in fees/revenue generating practices that property managers charge. Some of these practices do not align the property manager and property owner's interest. For exam...
Hi BP, I have been researching, reading and listening to everything I can find in REI for the last few months. I feel that settling on the plan to follow is the biggest hurdle. I am pretty sure I now understand my inv...
Anyone ever have a great deal (verbal) going with a seller and have the seller consult their attorney about the upcoming transaction and have the attorney steal the deal? I did and it isnt a good feeling. Its what I w...
Hi we are on verge of closing our #1 Turnkey rental in Maple heights Cleveland Area, Price: 56900, Area: 1160 Sq ft, 3 bed 1 bath, Rent 850 to 900 per month, Management Fees: 10 percent , Taxes: 500, Insurance: 600So ...
ok I am at a point where I have done my research and still learning but I'm ready to get my first deal going and get it under my belt. My credit is not good enough to get a mortgage loan. So I'm left with private ...
Before I start placing bandit signs anywhere does anyone have any idea on legalities of where it is and isn't ok to place them.... I live in TX so maybe that might help in the answer if anyone has had dealings in this...
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'm a newbie and still doing research. I'm interested in wholeselling pre-foreclosure however from what I've been reading it's pretty difficult to accomplish. I have a good process for finding pre-Foreclosures but I'm...
How are you guys able to make deals cash flow with new rates (assuming traditional bank financing)?For example, a retaltively cheap house in the Houston market is listed at $250K. Assuming 6.73% rate, 20% down, 30 yea...