I have one property that I purchased in 2019 from a turnkey provider, so there were no expenses on my part other than getting the mortgage. The first tenant moved in in January, so there was no income in 2019.Is the d...
I’m a small time investor, have been a landlord for my 4 units for the last 8 years and I’m also an entrepreneur. I’m reaching out to BP’ers who have a lot more experience than I and can offer some sound unbiased advi...
New to the forum, curious how many people started out with a mentor. I am 21, a recent college grad, law school bound. REI has always been a goal of mine regardless of any other job. I have capital, no debt and excell...
Hi all,First...wow there's a lot of information in this forum. There's so much info on there and the community is great. I'm trying to make it a habit to browse random forums everyday, rather than my random news sites...
Hi everyone,
I have a good understanding of how residential RE works and how to go about purchasing but I would really like to know more about commercial.
I know with residential when you are working with an agent, ...
Hi,
Found a property in a good location, minutes away and no traffic (big problem here) to huge employment areas.
House for sale is on a private side street, custom built 2002, surrounded by 4 other 50 yr old homes ...
I am curious if anyone has employed the simple strategy I was thinking of for investing in any kind of property:1. Use something like ATTOM API to get historical sales snapshots, or just all the historical sales of th...
Hello all,I am under contract on a 4 bed 2 bath home in one of the nicer suburbs of Detroit, Auburn Hills. I am under contract with seller right now for 277k with 8k in seller credits negotiated upon inspection. Now,...
Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
With winter here I thought it would be a good idea to buy a snowblower for my rental home. In the lease it states that the tenant is responsible for snow removal, but I thought I would buy the snowblower. I had the te...