Bryan N.
Leases - Lessons Learned
I was reading some forums and it got me thinking as I am creating my own lease. I've used several local PM companies leases to "learn" from. What have people added to leases after learning from the school of hard kn...
Joshua Morris
Is This Worth It?
Hello! I'm learning about real estate investing and am very interested in the buy/hold strategy. I've been running some numbers and, I'll be honest, I'm having doubts as to whether or not this strategy is worth the ri...
Ludmila M.
What are the cons of taking out ROTH IRA contributions?
My husband and I were thinking of taking some money out of our ROTH IRA for the REI business. The amount we'd withdraw would be around 20% of our overall retirement funds. We are in our 40s, if that matters.Aside from...
Gary Lawson
Rental Property Yard is Flooding
Good Morning!I have a single family home that I purchased in Southeast Michigan in January 2018. I have a tenant in there now, and am working with a property manager due to the fact that I do not live in Michigan. T...
Peter Aziz
CapEx Accrual when Analyzing a Deal
Good morning BP Family! I hope everybody has had an amazing week and is looking forward to an even better weekend! I'm still on the hunt for a new acquisition and am looking for SFRs or multi units in the Indy area (b...
Anne A.
First Time Evicting - Mixed Feelings
Long, frustrating story, the specifics of which I don't feel comfortable posting online, but we have a family renting our property (nice neighborhood, $800k home). They've been there for about 2 1/2 years. We told the...
Branden Cunningham
Not a deal gone bad, just not a deal: need advice!
Hi All,
I'm in the military, at my first assignment. As a lot of mil folks have probably heard, I got the advice/idea given to me to start purchasing a house at each duty assignment. So I went and purchased a home to...
Peter Mateja
Newbie, soon-to-be REI in San Jose, CA
I've been lurking on BP for about a month, after my friend and prospective business partner introduced me to the site, and suggested that we look into partnering in REI. Providentially, he did so just after I'd read ...
Ayodeji Kuponiyi
Am I Being Scammed? Origination Fee
I’m looking for a loan to purchase an 5 Unit apartment and came across a lender. He told me I have to pay a $3,600 origination fee for for $180K. I told the lender from Metro Financial Services, INC that I didn’t want...
Katie Hanner
Property Taxes where you are or invest?
I'm just now beginning to feel comfortable considering an out of state investment. Property taxes seem to be a topic of much conversation (I'm in TX)...so I'm curious to do a poll -- what are property tax rates like...