After about 4 months of looking at different properties, I've finally closed on my first rental! Only bad thing, in my opinion, is that its a condo. Condo fees are currently $205/month (it will go back to $125 after t...
It is pretty amazing to find just how many people are offering "mentorship" for 10s of thousands of dollars to newbies who want to get into real estate. What is more amazing is the amount of people actually buying th...
Hi everyone,
We just acquired 9 new doors and inherited 6 new tenants ( the other 3 are vacant for now).
This is the first month we will be collecting rent. So far we have received 3 units rent.
Yesterday I sent th...
I'm just getting started being a land lord. My first thought for payment is to have my tenants pay through Venmo. Is there something better?
Thanks
I know the unicorn property offers both great cash flow as well as future appreciation, but how often does that actually happen? Other ideals would be low crime rate area as wellLooking at small multi family propertie...
Hi EveryoneAfter reading through many excellent posts, include the "Diary of a New Construction Project" by @J Scott and @Joshua Dorkin, I thought I might add our voice here on BP. I am proposing to track the entire l...
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
Hi Everyone,Last night I went to a real estate invest presentation.I responded to an ad on Craig’s list and was invited to a presentation. The presenter was really entertaining, he went over the company (Renatus), off...
My tenant reported a bursting pipe when trying to use an outdoor faucet the first time in spring. The home was a new construction and still within the builder's warranty, but the builder denied warranty saying it was...
Bigger pockets just released an article that goes into Wholesaling and how it can become illegal to Wholesale Real Estate in South Carolina.
Here is the link for reference:
https://www.biggerpockets.com/blog/new-sou...