I live in nyc it is really expensive to buy rental unit here. I have 50k and want to get my first rental unit , should I do this in another state?
I dont like renting to people that just recieve social service checks as income for 2 reasons.
1. If you dont work for it you dont take care of it.
2. You cant not garnish social service income.
Hey guys, my name is Andrew and I am brand spanking new to this whole real estate investing world. Here is my situation:I started a landscaping/ lawn care business 7 years ago and just sold it because me and my wife w...
Hi all,I'm Katie, new to BP, and a full-time English teacher, soon to be a landlord. I'm also a traveler. A few times a year, I go out of town for up to a month at a time in summer, a couple of weeks in winter, as w...
This is worth five minutes of your reading time.
If you have a liability claim at your vacation rental, the claimant is alleging negligence on your part and asserting that you are then liable for damages as a result....
We are LTR folks and we recently stayed at an STR in Austin, TX on a getaway. The pictures of the STR were deceptive and the house was dirty (we found dip, a used pregnancy test on the floor by bathroom trashcan, floo...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Butler.
Purchase price: $62,000
Cash invested: $47,000
Our first rental property. An early 1900s brick duplex in an area c...
Quick survey here. I heard a quote from Rich Dad's tax advisor Tom Wheelwright saying something like "if you're investing in real estate and you're paying taxes, you're doing it wrong."
So, do you pay taxes? How man...
Hello, I'm nearing retirement age and I'm considering buying a rental property. Am I insane! Was it worth it to you financially? Did you lose money your first year? I've heard horror stories and success stories. ...
Hello,I'm looking for some input on how to resolve issues I found during a rental inspection yesterday.I performed an inspection of a house that has been rented for 6 months. Lease is 1 year term. The tenants are a wo...