In my planning for retirement, I estimate my family annual expenses to be about 100K. I want to know how much do I need to clear in rental income to be able to cover that.
Obviously, the depreciation should make the ...
How do you know if a mentor (or person) is full of s%!tOften times I'll meet people who seem to be successful, and we seem to get along, and they seem to be interested in helping / working with me, but they turn out t...
I am looking for another investment property near my current one in Worcester, Massachusetts. I am not finding any deals at all. I had a narrowed down list of about 10 and when I called the listing agents, they were...
Hello BP! It’s been a while...I’ve been a landlord for close to 4 years now and I just ran into a unique situation at my four family property. Here’s the breakdown:- Tenant in Unit 1 has private access to the property...
Unfortunately I have no experience and limited knowledge in this field so if you looking for me to explain I am sorry. While listening to the bigger pockets podcast on my drives to and from work, I realized I jumped i...
Hello,Just curious what you all thought about the idea of using a loan from your 401(k) to finance the purchase and rehab of a 1st property.My plan would be to use 40-50k to purchase a small rental apartment, fix it u...
I have just started with few rental duplexes and fourplexes and learned already from my mistakes to do thorough background check, quick eviction and provide quick service. But I do not want to make all possible mista...
Hi All! Looking for some advice on whether I should let tenant out of lease early. I got an email from my property manager today which has a couple emails between her and the tenant I have on the first floor. This ten...
Hello Everyone,I just need some clarification on the JV 50/50 Split and wanted to see what experiences people have had using this financing structure.The money partner pays the purchase price and rehab costs and the r...
I'm an attorney who lives in a medium-sized, rural town in Kentucky that truly is flourishing. I am very ambitious and have located several commercial real estate opportunities (e.g., storage units, warehousing) that ...