I've been thinking of investing in a rental property. Something I can cash out on when I need to pay for my kids to go off to college in 18 or so years. We were originally going to buy a condo to rent out but we real...
I'm starting this thread to keep me accountable for finishing what I started.So I bought a condo sight unseen. Completely by accident. I was outbid on a unit in this building a few months ago, and I was so excited t...
I currently own a duplex in Killeen TX. I got it on a VA Loan while I was deployed, came back from Afghanistan moved in for 3 months and then got reassigned to MD. Bought it for 160,000 and get 800 per side and have a...
Hello BP folks! I believe in law of attraction. Last year I joined BP and included in my goal to add another property before the end of this year (2016). Last week, I received a call from my mother that she wants me t...
I was just wondering how most property management company's get paid is it a % of income or a fixed rate. Is there any advise on what I should be looking for or what is a sign that these guys aren't right for me? This...
Hello Fellow Investors,I am in the process of buy my first rental property in Chicago area.. It is a HUD (insured) home that only need cosmetic update. HUD PCR report reveals that everything is in working order. I hav...
Hello everyone! What are your thoughts on purchasing a rental property in Florida that is:
1) a duplex
2) low-income housing
3) down the street from a cemetery
4) cap rate of 6.5%
We are looking to keep this propert...
Hello Fellow Investors,I am in the process of buy my first rental property in Chicago area.. It is a HUD (insured) home that only need cosmetic update. HUD PCR report reveals that everything is in working order. I h...
I'm looking for a property inspector in the Duluth/Superior (Minnesota / Wisconsin) area. I've got an offer in on a 8-unit apartment building.I was going to work with Jim James, but he's on vacation until 3/3. I'm hop...
Hi everyone,We just started renovating the unoccupied side of a newly purchased duplex. We are supposed to start on the occupied side next month as the tenants are supposed to be out by then. The tenants are 2 sist...