A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly,...
Hi everyone,My wife and I are planning to purchase our first property here int he Decatur/Atlanta area. We're wondering if we should obtain a mortgage from the outset or pay cash and then refinance. The way I see it...
Pretty much any house you walk into in America has compression shutoff valves at the water line hookups under every sink and behind every toilet in the house. These compression valves where never designed to last. The...
Hey there! I'm just starting out so pretty much a wannabe investor, and looking for advice to make sure I'm on the right path.
I'm actively looking for my first investment property.
Right now I prefer the fix and f...
Hey there,
Hope I can learn from all the experienced landlords here...
I just had my inspection completed, for an investment townhome I'm interested in Baltimore, MD.The house is ~120 years old, and besides the expe...
I have been doing a lot of searches on the BP forum about appliances for rental properties. I am really surprised to see that some landlords do not provide appliances. I am located in New Hampshire and I have never re...
What do I do if an urgent problem (plumbing, HVAC, etc.) comes up on, say, Christmas Day and the plumber or HVAC guy or whoever can't get to it that day?
Hello, I recently purchased my new duplex. Of course, before purchasing the house, I invited a home inspector, and he did a pretty decent job. As a result, the seller had to fix some electrical, mold, and foundation i...
I am under the impression that an investment in a property in a college town will have instant demand for renters. Is this a fair mentality to have when assessing whether to purchase a property in a college town? In a...
Well here we are closing today on our First BRRRR. We got it for $72,000 and it needs approx $25,000 worth of renovation and we think it will rent for $950.00 for each 2 bedroom i bath and garage. This is our 3rd d...