Hello everyone.
First time poster.
General Background
Newbie investor
No credit available (poor credit and repo due to major health issue).
Multiple tax years of returns due (nominal to no income)
Unplanned ow...
Greetings,I've been exploring a few different hybrid markets for an out of state investment (considering possibly a turnkey property). So far, I'm deciding between Kansas City and Chicago. From my research:- Kansas Ci...
Hello BP, it's my first post so go easy on me. How do some of you estimate what a property will cash flow and what your expenses will be before you buy? Is there a formula or perhaps a "rule of thumb"? I'm currently a...
Background: We (me, 25F, and husband, 28M) are semi-low earners for the FIRE community and the urban area we live in and have hit a point where it's hard to reduce expenses much more. We'll work hard to increase incom...
Hello BpMy tenant in the duplex property was defaulting on rent and after eviction filing, we came to a mutual agreement which was signed by Judge to make the rental dues (900) and leave the property on 7/21. Morning...
Getting ready to do our second "owner carry" deal where we are the sellers. We own the property with an existing HELOC with a balance on it against the property. No other encumbrances. We are selling the property o...
I had a prospective tenant ask today about keeping their pet miniature pig in the house. It weighs 30 lbs, which is right at the limit I use on dogs. She claims it is litter trained for when they are not home and is...
I have come across a lady in northern Californna that is 76 years old. In 2008 she and her husband were taking out a reverse mortgage on their house, through Capital Funding from Texas. Apparently there was a telemark...
I just purchased a house as a part of a package. The bad house has a bad tenant with no lease, she's impossible to reach, and a ton of people are living in the house. The house is in disrepair too. I don't have key...