So when I initially planned on flipping 5 or so houses this year I had this crazy notion that it would be semi reasonable....1 every two months or so. Instead I ended up buying 1 from a charity and 2 at a foreclosure ...
On a buy and hold investment strategy, what percentage of positive cash flow/profit do you look for on any given deal? Taking the gross rents received on any given property and then deducting your expenses associated...
Hi, have my own rental properties but my mother in law is the tennant in this case. She decided to shut up shop on her preschool and move into her home to downsize. She rented for many years and was responsible for tu...
Looks like my 1st property will be an FHA owner-occ quadplex. I've heard time and time again that there's no need to hire out property management for this small multifamily. What I'm unsure of is how I would handle ...
I'm tired of the midwest (Chicago suburbs). My wife and I have lived here our entire lives. We do not have kids yet or any other main reasons to keep us here. So, we are deciding to sell our house, leave my job, an...
Hello all.Our future renter wants to put these two items in the contract, one is in case we put the house on the market. Note that she is a lawyer. We don't fully understand the escrow clause and how it might affect ...
Hello everyone! My name is Lisa and I am completely new to BP and completely new to REI so my sincere apologies if this is in the wrong place or if I am repeating what others have already spoken about. I took a 7 day ...
Here is your scenario – Your financial standing is as follows:
$80,000 in cash savings$70,000 household salary (will be $100k+ in 3-5yrs)$20,000 debt (school, cc and medical)$0 assets You are married with no ...
With millions of baby boomers getting ready to retire between the years of 2012 to 2016, just how comfortable are you leaving your money invested on Wall Street? The demand to buy pushes prices upwards. With these ret...
I have a remodeled, multifamily building in an smaller, old railroad town which has been down on its luck for a while, but seems to be slowly improving. As such, the core neighborhoods are pretty scrappy looking and m...