I have a feeling this may be the first time something like this has been asked on BP. I am finally about to put a bid on my very first property and it’s a foreclosure. When people say ‘if it’s too good to be true it u...
Let me take a deep breath before telling my story...I bought a bank-owned two-family on auction for 460K, 100K-120K below the market price. Before the auction, I knew the property was occupied but I didn't know the id...
Hi all,
I think my question above is pretty direct.
I'm interested to buy my first rental property, and after doing a brief search I see that there are quite a number of places out-of-state (I live in NY state) tha...
Hey Everyone,There has been some good discussion about Gastonia lately, particularly in this thread started by @Johnny Szeto. While there has been some excellent discussion and some anecdotal evidence shared by @Ty...
Seattle passed a bill that extends eviction protection for renters for 6 more months. So, basically you don’t have to pay rent for 6 months AFTER the city reopens. This could absolutely wipe out small time landlords l...
Hey does anyone have solar in their rental properties?If so what is the best way to go-- finance or buy it outright? I'm in southern california.
What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
5 months ago I posted about creating $7000 of additional cash flow in a 4 year period and I also mentioned wanting to hang up my high paying W2 job. Further, a month later I posted about Oregon rental laws in March du...
Hello all, I am looking for your input on managing this tenant. He is very high maintenance and I am at my limit. I am not perfect, so maybe it's me... Regardless, please feel free to share your constructive feedback....
I am curious to those of you guys that actively wholesale properties. Do you tell your end buyer that you are wholesaling or use a double close? Do you tell the seller that you are wholesaling their property or simply...