Hello, I close on my first rental property/duplex on Friday!! One of the tenants is a horrible hoarder and over the past 7 years he has destroyed the unit including windows, doors ect. After closing, I plan on giving ...
Hi everyonemy wife and I are under contract with a builder where we live in S.C. that should be finished in about 3 to 4 months. It looks like she maybe getting a great job offer in Colorado not long after we close. H...
Hello Everyone!
I'm in need of help. I work at a local financial institution and was informed I would need to type up a letter stating what my business will be about and how it works and have it submitted to ...
so in 2018 i invested to one fund that's offering regular decent cashflows. They have REIT/syndication/fund with residential as underlying asset so it seems legit. At that time I am not sophisticated enough. I know th...
I'm at the planning phase trying to gain knowledge of the process and the market. I searched my local REI and the closest member on the list is in a town over 50 miles away. The closest meeting is 60 or 70 miles away....
Hey everyone,I am under contract on 5 buildings that span two side-by-side properties. Great rental income. 11 total units, 8 currently rented out to long-term tenants. Just the 8 that are rented are bringing in about...
So I’m in the process of closing on our 3rd multi family property. The most recent one is in a suburb just outside Chicago’s borders. I’m under contract to purchase the 4unit building for 253k. Comps sold in the area ...
This is about what I consider a rookie mistake. I have a nice rental which is about 35-40 min from my home. I was working few Sundays ago and my tenant called stating that the A/C was not cooling. The unit has about 1...
What if i just bought a property with section 8 tenant with rent 1200 and the section 8 pay 150 to the previous landlord cash but i figured out she wasn’t supposed to pay that. I also got the lease for 1350 ?! Should ...
Gooooooood mornin’ BP!
I wanted to start a group thread and hear when everyone initially started their REI journey!
I first got into investing/entrepreneurship a couple months before I turned 18. I was bored sitti...