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I am new here and want to hear some opinionsMy goal is 100 rentals single family homes in 10 years looking at a 8-10% ROI after factoring in a 40% cost factor (vacancies, repairs, etc) My example is (12 months of a 12...
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Hello BP,It's always fun posting stuff on here and hearing what everyone has say, but i'm afraid this post isn't quite as pleasant. Nonetheless i'm sure there are lessons to be had here and I would greatly appreciate...
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Bought our first home 2 months ago, we got a good price and decided to do just 10% and keep the additional $ for emergencies and upgrades then have the home reappraised a year later to remove PMI (extra $100 a month)H...
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Your advice appreciated with this dilemma:
I am about to close on a 6 family (1987 construction). Rent is currently $2100/month. There is one meter and I JUST found out the monthly water bill is like $300-$350 - I ...
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Hello Bigger Pockets! My name is Greg. I've been lurking on BP off and on for awhile, but just became a pro member and decided to take real estate investing a lot more seriously. I'm also a recently licensed real esta...
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What is your fire plan for your rental house and your residence? You better have one.Tonight at 9:00, the motor in the clothes dryer at my personal residence in Memphis caught on fire. The kids and I were just finish...
to make a long story short, i had tenants move out the week before i bought the building and they lived in filth..even my contractors didn't want to go in there, it smelt so bad..there were roaches everywhere. i had ...
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This article is for tax sale investors who want to earn redemption interest income. Investors who want the real estate should read this, also, because sometimes their plans go astray and an owner redeems.In Alabama, s...
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Hi everybody, my name is Vic Alaban and I’m new to BP. I'm not really comfortable sharing my life in public especially that I'm an introvert but it's Brie Schmidt that advises me to do so. I believe that she's got de...
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Hi!We’re planning to rent our home when we move—but we know we will be moving out of state. Question is:Self manage out of state? OR Hire property manager and eat the costs until you have cash flow coming in? What’s t...