Hi all,
So here's where I'm at.
My goal is to cash flow $4k per month ASAP. Why 4k? Bc that is roughly my monthly expenses. 1k of that is the property taxes on my home!!!! I have about 250k capital to work with and I ...
The Real Deal reports that rents are collapsing in some of America's biggest cities. The article does not specifically say this, but this is no doubt related to the fact that development has been concentrated for ten...
I am in escrow for a Triplex in Redondo Beach California. We are contingent on the sale of our current property ( Which we have an over ask offer for.) The Triplex needs a new roof (which we have asked for a credit fo...
I generally work with properties under distress, get an option and wholesale. I found a house with over grown grass and vacant over one year now. I finally got in touch with owner and she stated that the house may be ...
I am retiring and moving to Florida, I sold all my rentals up here in New York, with all the new rules that let tenants skip payments and bar you from evections. Why would I go buy a new property just to have a tenant...
Hello all, after doing tons of research. Close to buying a 3-unit family and then backing out because I did not feel the cashflow amount was worth it. I was thinking about going bigger after watching a bunch of youtub...
I am newbie investor currently based in London but relocating to Chicago in the next year. At the moment I am saving up for a down payment but still undecided on whether to target single families homes or multi-family...
Thank you for reading my post. Please let me know if I should be posting this in another category. I'll start by saying that I am a newbie. Other than my primary residence I bought in 2011, I have yet to make any move...
Well, put me in the camp of no longer accepting two year leases. The problem, as I've learned recently, is that the lease really only binds the landlord. The tenant can still leave whenever he wants.One of my tenant...
Hello fellow BPers. I have been a long time reader of these forums and have picked up a tremendous base of knowledge from you, my colleagues, on this forum. I am mostly a passive investor, and so have not had a real...