Philadelphia is proving to be a tougher nut to crack than anticipated. Everything desirable is too high for me, since I would like to pay cash (max 250k) (bad credit risk due to no income) Kensington seems to have s...
@Billy L. and several others have asked me why I like the Stockton market, so I figured I'd share my perspective on the market and an example of how I achieve a 13% cash on cash return. I'd love to hear your thoughts....
Hi all! I'm getting anxious, I want to buy my first investment property, however I can't help but listen to the rumors of a crash in the next 1-3 years. Should I stock-pile my cash and wait, or get the ball rolling on...
Background:
About 3 weeks ago, I had a fire in my home. I had been renting it out but tenant moved on and I moved in. No one was hurt (thank God). In any event, I had an electrical fire start in the wall while I was ...
I'm a newbie to the idea of rental properties.
I've chosen an MSA where my 22 year old daughter lives as where I'd like to start buying rental properties. The vacancy rate is low and rents are moving up but there is...
Hello BP Community,I have an important tax related question that I need someone to help answer. I have created my LLC back in July 2018 and started my first flip in August 2018. I actually had 2 months and 15 days to ...
This post is for the new and newer Investors out there. When we start out as Investors, most of us want to be the great landlord we never had: one that fixes everything quickly, who is super nice, and wants to make li...
Hi All:Have not checked in the BP for a few weeks, as I have been busy running around Portland Metro area looking for myself a property to flip, I have looked at atleast 20 houses, but have not been successful yet... ...
First off, great forum, I really appreciate all the help we have received here.
Second, I am not emotional about this, its a business decision for me, I am in this to make money.
We have tenants that are renting our...
Hi Everyone, I just closed on a property yesterday . I went to check one of the units and the "tenant" was not moved out. I was told by the seller that there was a verbal month to month lease with the tenant who DID l...