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As many of us are aware, millennials are more apt to renting rather than buying real estate. They (we?) are replacing baby boomers at a rapid rate, and are right behind Generation Z... Of course, Generation Z still ha...
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Being a landlord or real estate investor is tough. Not everyone is going to see things the same way you do. Things like evictions or rent increases are very sensitive subjects. Many people in our society want to vilif...
Im sure you heard the chinese proverb: You give a poor man a fish and you feed him for a day. You teach him to fish and you give him an occupation that will feed him for a lifetime.I have a 13 year old and an 11 year ...
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Bought a duplex in Memphis with two 3bd/1ba units, nicely rehabbed, from a turn-key "passive" investment firm. The units are going for $650 each and the market is around $750. I have not had a tenant in either unit ...
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Who would have more BOTTOM LINE PROFIT at end of the month?Experienced Out of town landlord vs. "turn key" Property manager ?Assumptions1. Each has EXACT same hypothetical properties to manage2. Properties are in "C" ...
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Hi BP Community,I am seriously considering buying from turnkey companies that buy houses, flip them, then advertise them as perfect turnkey properties. I have been looking into a few including mantel turnkey and miss...
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Hi BP community,I am pretty new to running a rental property. I recently took over managing a property for family in the San Francisco. I was discussing rent and property situation with my tenants, and they got pretty...
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In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...
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Hey guys, we often talk about the tax benefits of owning real estate. Do these benefits extend beyond the rental income? Could somebody give me a laymen's overview of how this works?
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Hi everyone,I'm looking to start my real estate investing journey and have been looking at Multi-Family properties in the areas around Cleveland, OH. I prefer something that needs little to no rehab to start out. If ...