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Bought my house in upstate New York this year. The tenants in the other unit were served an eviction notice just days before Covid hitting. The marshals were supposed to arrive but their office closed right after th...
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Dear BP,I'm attending my first REIA event today and it seems like a scam. I'm a bit skeptical when they are throwing stories of $$$ left and right. Any thoughts?
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Hello everyone, thanks for taking the time to read this.I have a condo that currently can sell for ~ $700k, originally purchased for ~$500k, 30 yr fixed at 4.625, currently rented for $2,800. All other monthly expens...
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The SFR median in May'20 was 315k, all time high was 315k in Jun'06. Now, with coronavirus, unemployment, forbearance, evictions to begin, strip partially opened, $600 Fed unemployment to end, etc. Is it a good time t...
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I invested in a property in property in San Diego in 2015, whose numbers were indicating it was going to be cashflow negative by a couple hundred dollars per month. I was a little surprised at the near universal advic...
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Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
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I'd love some advice. I purchased 14 townhomes eight years ago for $120K each, and they are now all worth $350K. Total value is $4.9M, and I owe $1.6M. My goal is monthly cash flow. I'm about roughly $11k right ...
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