For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...
So I owe two homes that I'm renting out, one tenant is paying just fine but the other tenant owes me two months of non-payment and are not paying since she's been unemployed. If she applies for unemployment, she'd be ...
Hi everyone. Should I get my realtor's license in Colorado if my intention is to fix and flip/buy and hold residential properties? I've heard both sides of the argument.
On another note, I may want to move into multi-...
Hi guys! Looking to do a soft remodel on outdated kitchen. First off, yes, wallpaper is going (still debating between painting over OR taking off, redoing drywall & painting fresh) What do I do with the cabinet...
Hey all, I am relatively new to the group. I am very impressed with the experienced professionals here and am glad that I stumbled upon this site. I am a seasoned real estate attorney and enjoy not only practicing la...
Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...
Background:
I've always had an interest in owning rental property, but due to living in CA and my inexperience I had assumed it was only accessible to those with significant cash in the bank, so I figured it was som...
I'm currently saving right now, but I estimate that in 3 years I will have saved $20K-$25K. I'm 27.I want to make $10K/mo and retire early. What I'm having trouble with is, if I use that $20-25K on real estate, I need...
Hey BP! I'm still quite new around here so I know I'm risking outing myself as someone who "doesn't get it yet" by asking this, but I've been consuming everything I can to try to educate myself - podcasts, books, for...
If you are one of the people on here posting about the market crashing, and expecting deep discounts some time in the not so distant future, then are you selling your portfolio today? If not, why not? Things are still...