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What terms should I expect, when using private lending? I am new to the real estate investing, and apologize if this is not clear. I am happy to elaborate as needed.If I reach out to friends and family, to present an ...
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I am in a situation where I had some money for a down payment to invest a few years back, but my small income and fair credit was not enough to qualify to buy an investment property. My boyfriend at the time had a goo...
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Hi all! I am currently closing on my first rental deal! It's a 2 acre, 3 mobile home unit property with all three units currently rented. I just found out that one of the current tenants is a registered sex offende...
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Any thoughts?
My electrician is recommending that we rewire the entire house bc the existing wiring is copper but does not have a ground (built in 1968). We plan to BRRRR this one. He says it would improve home res...
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Please tell me how you are doing it!
I am struggling to see how this can be done with less than 20 pieces of property that have a positive cashflow of $200/mo each. That would put someone at $4,000 a month which cou...
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I have a 3 family under contract in massachusetts. The closing date is end of the month. It is a house built in 1914 and I just received a disclosure from the seller indicating that "seller has no knowledge of lead pa...
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I'm a 27 year old veteran who has started to really pay attention to my financial life about 4 years ago, I've had 3 jobs since then and they have all progressed how I wanted. Now, I want security, independence, and s...
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It has been years since we last owned a rental so seeking UTD advice/suggestions. Children are in their 20s so have been dealing with the typical co-signing for leases. Our oldest lives in Brooklyn. Had a nice group a...
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Hello BP community, Any advice on what to do when one or more additional tenant move-in? Do I charge more? how much more?Do they sign an amended lease? How much do you usually bump up the security deposit? Thank you! ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $525,000
Cash invested: $50,000
My First Duplex househack in Everett, MA.
When I first bought the property...