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I have three rentals which I've owned for the last 12 years. I was able to buy them cheap and build a lot of equity which I currently gross $4,600/month and my current net is $2,800 after insurance/tax/mortgage/utili...
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I have a tenant who is very unhappy who is breaking their lease 6 months early. She is insistent on using her security deposit as last months rent. I have told her that is not acceptable and would be considered nonpay...
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I grew up during the real estate bubble and saw my parents go from one house to the next capitalizing on the equity every 2-3 years to build wealth. In that time my parents also purchased rental property and property...
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After years of reading, learning, discussing, and planning.. I’m ready to pull the trigger on my first income property! Well... I have some more planning to do. Quick background on me: I’m from the greater Grand Rapid...
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Hi Everyone,
I thought positing my situation on the Investor Psychology forum may get some better responses than on the Deal Analysis forum. I am looking to get some insight from those that are more experienc...
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Hello my name is Brad from the Chicagoland area. In the past couple of months I have become extremely interested in investing in rental properties. My wife and I just had a beautiful baby girl and really wanted some g...
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Hi, I'm a current home owner thinking about purchasing a multiple family home. I do heating and air conditioning so I'm very handy and can handle maintaining and repairing my future properties.I mainly joined to try ...
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Hey everyone, I'm an aspiring RE investor and currently trying to decide whether to buy a primary residence or a multifamily unit (duplex) as my first property. I've been doing some research and it seems that house ha...
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My family owns 120 acres of land in Augusta County, VA in land use. Currently there's only a working well on the property and we're working on electricity. We're wondering what mortgage options would look like if we...
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Hi BP community! I have a plot of land that I am looking to do my first build (to sell). I just read through J's Diary of a New Construction Project, and am currently trying to figure out whether to begin the process ...