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We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
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Hello Everyone, I have been having a hard debate with my girlfriend. She just went to a class that gave her the RE Basics. We do not have a house at this point in time, but we want to purchase a house soon. We have li...
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If you had the capital, would you wait for the correction or still invest now?I understand local markets will drive the ultimate decision, but it feels like every market I look:1) unemployment is through the roof in t...
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Read through the forums but looking for current advice on a strong argument for choosing rentals over non-qualified stocks over the long term. The biggest differences I can see would be the rental 1031 to avoid taxes ...
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Perhaps I'm generalizing, but I see some heavy hostility towards the idea of whole-saling in the forums. Why do a lot of members seem to be so against wholesale? I've seen "unethical" and "shady" thrown around a lot...
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Good morning BP,I have a couple of questions this morning-What is your opinion on wholesalers?-Have you had a good experience when working with a wholesaler?-What has been your biggest draw back from working with whol...
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I was picking up the rent from one of my tenants tonight, and it occurred to me when they pulled up....every single one of my tenants has a considerably nicer car than me. Also almost all of my tenants (Except the one...
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I'm working on a potential article about this...So, it's rare that two romantic partners discover the awesomeness of real estate at the exact same time. So, if you discovered real estate first, how did you convince yo...
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I got a lot of questions on my Instagram yesterday about the email we wrote to our tenants addressing this outbreak so I decided to include the letter we wrote here in case it helps anybody :) I think a lot of landlor...
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Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...