A few years ago I was approached by a 'friend' who was doing a great biz of charging homeowners a pretty hefty fee in exchange for the info and program to pay off the principle of a home loan and save HUGE bucks of ...

So I hired a contractor to do an addition to a STR home that I have.  In his price of $53,000, he broke down the various items and their costs.For example, he quoted 16 squares of shingles, materials and installation,...

I'm looking at buying my 1sr rental property. I thunk I can get it in the low 50's. There is an older gentleman that is a multiple millionare here in town that I'm going to try to get my loan through. I'm hoping to ge...

Hi everyone,I have a 2 flat here in Chicago and I want a new rear porch. A enclosed porch is a extra $10k vs open. I figure a enclosed porch will add more value as it's basically an extra room (8x8) and can be used as...

Hi everyone,I have a turn over coming up, the current tenant has signed a move out letter for the 30th of the month and is now asking for one more extra day so she can move everything to her new apartment that is only...

Hi,My name is Giovanni and I'm a 30-year-old single dad to a 6-year-old daughter.  I currently have about $80k in tax-advantaged accounts (401k, Roth IRA, HSA) and as of last year I've maxed out those accounts.  Addit...

I have a prospective tenant who says they are building a home and would like to pay me 6 months rent up front.
I have heard (through BP podcasts) that I should be cautious about doing so.  If he is building a home,...

I found this forum a couple months ago and have been soaking up as much knowledge as possible since then. At first I was eager to get my investing career started with an FHA loan and owner occupy one unit, then rinse ...

I’m in the process of buying my first rental property. My credit union is offering 3.1% on an15 year while another lender is offering 4.87% on an 30 year for investment properties. I’m 46 and aim to retire by 65. With...

Hi EveryoneThis is a question I’ve been pondering for quite some time now. Currently I owe roughly about $300K on my principle residence. Over the past 1-2 years I’ve purchased 5 rental properties that all cash flow w...