I know all you youngsters think you won't get older but it happens. So what you say.For those of you that are socking money away in tax deferred accounts planning on taking it out in old age. If you have a lot and you...
My story : I'm 30. Fully vested with $55,000 in my 401 K . My primary mortgage has a balance of $35,000 left of my original $182,000 loan I got 5 years ago.I made a lot the past few years during the down economy and w...
Hi everyone, My wife and I have been saving up to make our first move into real estate investing together. Our plan is to purchase a buy-and-hold property with long term renters. We are looking for properties under $3...
I'm looking for some protection against a tenant who will break a lease, especially during the winter months when it might take more than one month to find a replacement tenant. A early termination fee in the lease, w...
I just discovered this awesome site. Thank you all for taking the time to post advice, it's very helpful, especially to a newbie. I hope this is the right forum for the questions I have.
I've already done my due d...
Hi all,I know the upfront cost of solar panels is significant. However, I'm wondering if I can pass the extra $50-$100/month to the tenant with the expectation to increase the demand for my property. Does anyone have ...
I had rental properties before, it wasn't very successful and I sold everything. Fast forward to now, probably the worst time to buy investment property. I understand that, but for some reason I still have an itch t...
Hi all, I'm new to real estate and I'm looking to buy my first investment property. I've been researching and learning about buying out of state property focusing mostly on duplexes and triplex's 50,000$ and under. ...
I know cash is KING but I was hoping from some clarification in the whole aspect of not flipping but buying property and renting it out. I keep hearing this 50% rule and what not, but just want to see if anyone has an...
Had the same tenant two years now at $1,350 a month. Current market rent is $1,750, so I'm leaving about 5K profit on the table each year...They are for the most part taking care of the place, a few stains on the carp...