I recently read Rich Dad Poor Dad and decided I wanted to pursue financial freedom via REI. I am a 24 year old who graduated college with about $30,000 in student loan and pay-day loan debt and will be acquiring abou...
Dear BP Members,We installed a ceiling heater and exhaust fans for a small bathroom for our rental property. There is no heat source in the bathroom. That is why we took the suggestion from our contractor. However, we...
I usually look into small multifamily. I need help analyzing this 8plex built in 1996. Roof looks good vinyl siding looks good. All utilities are separated. Current rent is $650. Market rent is $800. Owner lives far a...
I'm considering self-managing my 3 rental properties, but unsure of the best way to take rental payments online. Any suggestions would be welcome. I'm basically looking for a site that I could direct my tenants to and...
Hello BP people!
I own a Townhouse (4BR+2BA) in Philly and I'm having some trouble renting it out as one unit for 1,600. I get a lot of requests for individual rooms. So my question is, should I do it? And then charg...
Hello, I have a 15 plus acre piece of land that I would like to subdivide and im trying to get some ideas on the best way to proceed. I’ll have to bring in partners for sure. I effectively own the land outright and...
I think I've concluded that I want to start out house hacking by buying a sfh and renting out each of the rooms, I think it will do fairly well as I also live near a college and can rent out to students to get higher ...
I've got a couple of 3 bedroom SFHs that I'm in the process of rehabbing, and am toying with the notion of listing them as MTR for travel nurses. I've noticed that, in my area, most travel nurse housing listed on Furn...
We have one property now and closing on a duplex next week. So far we have done everything old school—hand delivered leases, we pick up the rent, we keep spreadsheets for everything, etc. What do I need to focus on fi...
Investment Info:
Single-family residence buy & hold investment in Sneads Ferry.
Purchase price: $117,500
Cash invested: $20,000
Sale price: $189,900
Bought a VA Foreclosure in the Sneads Ferr...