I currently have a house that I have been renting for the past 3 years. I have has the same tenants for those three years and there lease will be up in May 2019. There is currently 40K in equity in the house. I know I...
Expert advice needed!!I bought a townhouse in 2016 for $95k and have been renting it out since 2018 (creating ~$300+ monthly cash flow), as of today current mortgage due us $74k. This townhouse has now appreciated to...
With this hot market it’s tempting to sell. I have a house/duplex in an incredible market that is a great rental that I never thought of selling. But seeing what a house sold for next door is causing me to reconsider....
Hi, I currently own 3 properties in the metro Detroit area that are creating a cash flow of about $400 per month. I purchased the properties for under 50k each. I have a heloc and mortgage on two properties. One is fr...
Hello All,Need your opinion.A renter continues to be behind on making payments. He is now late and has not caught up with payments for the 2nd month running. He has also previously made payments using his debit card t...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $34,000
Cash invested: $5,000
Closed Sept 21 2022 rehabbed about 15k. We will Cashout refi in April hopeful for ARV...
Hello BP,Here's my current situation and I would like to hear your opinion on what would you do if you were me. My question is should I sell my rental in Riverside County or continue to rent it out when the current l...
So doing a home inspection on a 4 unit and after 3 hours and unit 1 and unit 2 almost completed last place to do is the bathroom and in the tub a dead bed bug is found. Thus after talking to the tenants that were very...
Hello BP community,My first rental is coming up on the 5-year rule which has me tempted to sell as I lived there for just over 2 years so I qualify to avoid capital gains tax up to $250,000 (which is right around the ...
Hi All,I own a 2-family, which is currently my only investment property and the first house I bought. I now have both sides as rentals and get great cash flow. So far everything has gone well with the exception of a f...