Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...
Hello All,
I need someone who is strong in math and or spreadsheets to help me with goal setting.
Here is the situation: I want to own (free and clear) 15 properties as soon as possible.
The first one will paid...
Newbie here and here's the 411 on this deal. My cousin rents a house in Albuquerque that I stay at whenever I'm in town. He finishes law school in May at which time his lease ends (unfortunately he's not gonna be a re...
Question for everyone in the forums. What is your experience with solar panels and how the bank handles them? I'm assuming these would be a lien on a property like any other lien? The only reason I ask, is they don't ...
Good morning from Chicago,I am an owner/occupant of a Tri-plex.I'm a 26 year old kid and this is my first property and first year as a landlord. So far so good and a really positive experience up until my first hiccup...
Hi, all. I'm an investor through Groundfloor.com, and things have been okay. No whiz-bang profits, but fairly steady growth. Not a ton or charge-offs like LendingClub.com seems to be plagued by. The biggest issue ...
I've recently purchased a 1950 three bedroom, one bathroom 972 sq ft single family home. We paid $67,500 plus $1,600 in closing costs for the place. Experience from our first rental, rent will range from $1,100 to $1,...
I have one tenant who has been on time with rent payment since the start of her lease in January. However, since her paycheck schedule changed from 15th/30th to every other Friday in Nov, she has difficulty to pay ...
Hello,I'm new to the investor world and I want to get started on the right foot. I've lived in my 2BR/1.5B town home near the beach for 5 years. I owe 135K and my mortgage is 1100.00 per month. Through some research I...
Greetings, I am an aspiring multifamily RE syndicator. I have not done any deals, so one of my major barriers is my lack of experience. I was thinking of creating like a website for potential investors, that way I can...