So, I've found myself in an odd place lately: I'm successful. For me, that's brand new, and I don't know how to deal with it properly; I'm much more accustomed to the whole "three part-time jobs and scrambling to ma...
Hello all - I am a new investor with three properties under my belt so far:1. My primary residence (Which I've owned since 2019)2. My first SFR - (Acquired in April 2022)3. My first STR - (Acquired in May 2022)My cash...
I just closed on my first rental last week. It is in another state (Detroit), is tenant occupied, and needs many repairs (new roof, electrical work and plumbing to name a few). I spoke with one of the tenants today an...
I'm a newbie investor and purchased my first property, a townhome in Tempe, Arizona last year. I looked into the HOA when purchasing the property and they had what seemed to be plenty of $$ in reserves however now we'...
Put in an offer for 153k with an escalation clause to 167k and it was escalated to 166k how can I check the legitimacy of the offer that caused the escalation?
All mighty BP experts,Under what circumstances, would a Buyer lose his earnest money if a transaction fails? Thanks in advance.Background:I'm in the middle of negotiation. Seller is asking for serious earnest money ...
I have prospective tenants who have no prior rental history. They live with their parents. I ran a credit check and they have good credit. Their income is low for the property. They gave me personal references - frie...
Hello! My name is Michael Reiche (pronounced Rich) and I am currently living in central Texas. I moved here a few years ago from Harrisburg, PA where I purchased my first home just in time to see property values com...
Hello everyone, I am new investor in Orlando, FL. I am planning to get into foreclosure online auction. However, having little confusion and fear to start it. When i look at the auction online it always says the final...
You have inherited $1,000,000 USD from uncle Joe and you are seeking 10% return of $100,000 a year how would you invest this money in an environment where money market is paying you less than 1%? In terms of rental pr...