I fell like there is more to it than just this. I have watched lots of videos on people claming that if you invest $1m dollar into index funds and only take out 4% every year then you will never run out of money. Is t...
We are in contract for a single family investment property (vacation rental). This is our 4th VR investment property, will be our 3rd mortgage. We have been pre-approved by one bank (which is no guarantee of a loan we...
Hi, one of my tenant just move-in and I already have a long to-do list. For example, he wants new carpet, new paint. Complained the fridge is too small, complained the washer dryer didn't hooked up properly etc...In a...
I closed on May 26th sight unseen (covid viewing limitations) and after inspection of the property I determined that I would need to fix up several parts of the home to make it rentable. Currently, there is no heat or...
I’m starting out as a brand new investor. Super excited to invest and have been aspiring to do OOS for a while. Currently in contract for a duplex in Milwaukee for 292k, 73k down, 7.125 interest rate. Using personal s...
I have a very strange question. Back in October my wife and I bought a new home. It was that house that wouldn't sell. Aside from the landscaping being terrible, the paint colors atrocious and some other minor cosm...
I currently manage my mother's property that is using a rent by the room strategy. Last week the A/C in our unit fried from a power surge and required a new thermostat and tablet piece. After back and forth with the t...
Hello BP! I need some consolation, wisdom, and maybe pizza.My dad just completed his first flip. After all was said and done, he lost over $3k. We're not white collar people, so $3k is a lot to us. I tried telling him...
Newbie here! I have my first investment property under contract and have a list of items I will be working on upgrading before renting it out. The roof currently has two layers and IS NOT leaking but does show signi...
My wife and I recently moved to Lynchburg, VA for work and will be living here for approximately a year and a half. Our work is expected to be completed by early 2026, after which we plan to move back to our hometown....