I'm back on BP after a long break. I have a lot of federal student loans (sigh) that is currently sitting around 200 grand. I do want to invest in real estate but with such debt, I'm unsure if it's smarter to get star...
Eight months ago I purchased my first duplex with an FHA loan. I only had to put down $15k, it was great! However I have had a dream of owning large multi-family properties (30 units or more).How do I go from one dupl...
I am having trouble choosing between two beach properties for a first investment. One set of options are condos in a complex which basically has no beach during high tide and the HOA spends more and more each year rem...
I bought this property about a year ago. My first tenant has been in for a year and things have been bumpy since the beginning. They have been late just about every month. When they are late, I follow strict protocol,...
Hello Everyone, I need advice.I am currently renting to a woman who is 7mo pregnant. So far she has been a good tenant but recently had a fight with her bf and kicked him out (not on lease).With her being due soon, I'...
What kind of late fee do you charge, and why?One-time charge of $XXXSmall fee that starts on Day X and continues to accrue daily until Tenant pays in fullCombination of a one-time charge and then a smaller daily feeWh...
I am an OOS investor and found a quadplex that I am interested in. I am getting mixed feedback on the area in KS - from the area is not where one would feel safe at night, to there is a lot of investment going on in K...
This is an open-ended question given the differing types of markets and diversity of assets.If you’re raising money from a pool of investors, what is the lowest cash-on-cash acceptable preferred of return that would b...
I found a mortgage broker online (on lending411) as I was annoyed with my national bank (which I found is being sued by the govt!) for giving me the run around and pretty much taking so long on my application.
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I was wondering if I could get some advice from people who know something about finance and investments.I think most people on BP know that if done properly investing in real estate brings better returns then the stoc...