To the investors that buy and renovate a lot of homes, how do you tackle the threat of asbestos in homes? Do you avoid certain time periods or do test samples? I know it's not dangerous if it's not disturbed, but some...
I realize the 50% rule is supposed to be a "rule of thumb" that helps you weed out potential properties before more fully analyzing properties that pass it. My question is, when is the 50% rule fail?For example, if I...
Hi everyone, few questions, I'm in New York if it matters. I'm in the process of researching to purchase my first buy and long term hold. I'm considering partnering with someone 50/50 to make the first purchase less...
I have heard this question on the BP podcasts a few times now and it always made me think. "Pay off debt or work around it"? Then the answer would come,"It depends on the person".
I would quickly think about...
This post is going to highlight the events that took place over the course of a month for one of my rental properties. Keep in mind this property is relatively turnkey with most capital improvements completed within t...
Hello -- I'm considering making an offer on a duplex with both units currently rented. I'd prefer not to inherit the tenants as I want to make some improvements, raise the rent, and put my own tenants in. What is the ...
Hello everyone I am a new investor in CT and was looking to buy my first condo in Hamden I have analyzed the deal and the ROI is coming to 6.4% but I am not to sure about the rental demand in Hamden My realtor does t...
Recently I have been listing some assets for sale and have been questions that I would not have expected, so I wanted to create a "top 10" lists of items you should know prior to buying a note:1. Know the difference b...
Greetings everyone,This topic has probably been discussed elsewhere, so please feel free to redirect me accordingly and paste links as desired.My case is simple to summarize:- I want my 1st home purchase to be a cashf...
I was recently laid off and have accumulated about $20,000 in credit card debt, primarily from paying last year's property taxes and covering a few months of living expenses. I own a house with approximately $400,000 ...