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I have a duplex that I owe $135,000 on that currently generates me $1000 per month in passive income. My primary house has a mortgage of $329,000. I recently sold our old primary house and I have around $200,000. I...
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I'm in the process of closing on my first property. I plan to be self managed. It's a 3 unit that is currently fully occupied. All tenants are on month to month agreements which means that it's possible for me to need...
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In light of all the recent threads about COVID-19, worrying about tenants not being able to pay rent, legislation that seems to screw over landlords month after month, and ethical dilemmas about where it is our obliga...
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Hello! I'm a NEWBIE to wholesaling so please don't judge. I'm trying it out for the first time. I just bought 109 absentee owner leads for $50 on Melissadata.com/direct (January 1, 2020). & I'm using a website cal...
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I am just starting to acquire rental property and curious what others consider the minimum cash flow requirements for deal analysis. Per month and per unit, after expenses and debt service. Also, self manage or pay p...
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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...
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Hey everyone, first post on BP but been lurking for a bit. I know many people on here have started their REI journey with single family and other small investments. Some "gurus" out there say to skip the small stuff a...
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I’m hoping that people can share their experiences with me about their recent successes in BC real estate, markets to be looking at, and the best ways to get started (apartment, townhome, detached, etc). If people wan...
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Howdy folks,I get few PM from new investors from all around every day to start investing in Real Estate. As a mentor, I am always open and try to start working with them. But I see few problems/issues with newbies. E...
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My question is mostly out of curiosity. Does anyone on here have any example of you or anyone else being sued and losing the entire asset, business or worse?I hear so much about asset protection and it just gets me th...