Challenges?

Challenges?

Most of my rentals don't have anything but the occasional fly, spider, or mouse, so tenants are responsible for it just like I am at my own house. 

Challenges?

We were also wondering if refinancing would be challenging as foreign investors and if there was a way around that?

Other than that, the occasional gift such as a bottle of wine or cookies to thank them for being a great tenant is always appreciated.

What are some challenges that investors in this market are facing?

When you start adding in the principal paydown and a modest appreciation those numbers look even better.I have a six-unit under-contract and it is in a more challenging neighborhood.

I occasionally would get extremely motivated about investing in real estate, but would often be shot down by others or my own limiting thoughts.

Hi BP team,I’ve been trolling the forum for years and just closed on my first rental property in Philly, a triplex.Close date was 4/15 and no lie, the last 45 days have aged me with stress and anxiety(I’m 27).I purchased just outside a college area, not really a prime location/there is a new property being built right next door, which started the week I closed and development on my block.Long term, maybe my home value increases w the development — BUT it literally killed the lighting/views in a couple units which is making tenant finding harder (plus construction noise) and I kind of already knew my challenge would be in placing tenants.