No Debt Is Freedom
Consider this:
Your money working for You when you own a residential rental property investment. The tenant goes to work each day to pay you to live at your real estate investment.
However, You a...
First situation: Apartment was advertised at $1400 for a 2 bed/1 bath house. Prospective tenants had 2 pets and we agreed to increase rent to $1430 (15/pet). Lease was written up with the 2 pets allowed and the rent s...
We bought a rental property a month ago, and we want to be friends with all the neighbors. But - a neighbor that borders our lot along the back line has been throwing her trash (large items) into our yard. While we d...
"Why I Borrow for the Terms I Do How I handle the Balloon Payment"I almost always borrow money from private lenders to buy my houses. I borrow at the following terms;$0 Down payment8% InterestInterest Only5 yr TermNon...
Hello!I will start by saying that my goal is to have enough cash flow to support my family if I didn't have a job. To do this, I obviously want to purchase more properties, but also make the correct investments in m...
This is my first post so please be bear with me: I own a co-op in NY and have been renting it out. The numbers: Mortgage – $1580 Maintenance - $1,462 Sublet Fee - $281 – so it costs me $3325 a month to keep the apartm...
Hi all,I recently purchased a 4 unit multi family property in Taunton, MA. I bought the property in September 2019. They are all 2 bedroom 1 bath and approx. 1,000 ft2. The units are rented way below market value (It ...
So I've been looking for deals in the Washington DC, Baltimore and Richmond VA area, and I've spoken with a half a dozen other investors nationwide, and the theme seems to be the same:NO ONE SEEMS TO BE FINDING ANY DE...
For about two years now, one of our tenants has been paying for rent in cash. I am almost certain nothing illegal is being done to obtain this cash - they are in a band and receive tips for that and his wife is a wait...