Hello I am still new too investing, no deals. I am 22 and about to start a new job with 50% 401k match up to 6%. So I am able to gain “free money” but don’t know if I want to allocate that much money into the 401K whe...
Title says it all. Let's say someone gave you one million dollars to invest in cash-flowing rental properties today (Aug 2016), and you're only allowed to use the money to buy multis in one city. What city in the US d...
I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...
Hello:
Although we live in Napa, CA, our real-estate portfolio is with properties in the midwest. We just understand that area the most. After looking at some multi-family properties here in Northern Califo...
Dear BP Members,I have a question and hope to get your advice. I lived in a 2-family house for one year on conventional financing as my primary residence. I recently just moved out and rented out the whole house. T...
I am tired of buying window air units. I generally buy and hold SFRs built from the 1920s-1960s. Most do not have central heat and air systems. I have put in a couple full central systems and it has been too expensive...
So I am trying to help out a single mom not to lose her section 8 but at the same time, I dont want to lose money.She makes only $13,824 A YEAR [or at least thats what she reported on smartmove.com] The rent is $1750...
This is a question I have always had.......A property management PM takes upwards 10% of gross for receiving the rents. Bills every time for a repair and some add a rider on top of the repair. Bills a substantial amou...
I thought this was interesting from Realtor.com. I was happy to see Phoenix on the list! Although I find that it's highly competitive in my market...so there goes your budget if you want to submit the highest offer!...
I have that typical one property (fourplex) that gives me a monthly headache when it comes time to collect. I'll receive all kinds of stories on why they don't have the full rent, can I pay you rest in two weeks, etc...