An owner is willing to deed me his house. The recent appraisal is $236k, The balance on the note is $207k. I'm thinking of having him deed me the place, market it like crazy and get it sold. I'll do a title search....
Often times we make mistakes. In business and life. It’s about how we learn from those mistakes that shows us more about ourselves. Learning to speak about our failures instead of hiding them. So I will share mine. Ye...
Looking for an idea I have for an update to a rental. I could get a good deal on the vinyl flooring pictured below on the left. I was thinking that I could replace the carpet in the hallway of my rental (shown below o...
I am 20 years old as the title says, I need any and all advice I can get! I'm in San Antonio, Tx and want advice from investors that know this area. I want to know where to start. I just moved out of my parents house ...
I recently met with a lender and this topic came up. The lender recommended I do not start with a single family home because it will raise questions from lenders when it comes to house hacking my second home. Lenders ...
I had 2 tenants (male and female) in the same unit a while back. They both signed the lease. The guy of the couple wasn't really living there most of the time because he traveled for work his business probably 90% of ...
Hi BP community, I'm new to BP and would love to get some advice from the community. I bought an investment property in 2006 for $103.5k and rented the property with a cash flow of ~$175/month until the summer of 2015...
What items at your rentals seem to disappear most often? Mine is the cheap plastic hangers. Now I know they are cheap and not costly to replace, but a PIA to have to keep buying and I know they may break, but I've had...
For those of you who's primary residency became a rental and the mortgage is still in your personal name, what are your thoughts on transferring the property to an LLC vs just having good insurance in place? Ideally i...
How Rocky is it really?
Rocky Mount is a fairly medium sized municipality positioned just a bit east of Raleigh, supporting a population of around 54,000 and employing about 22.9k people (~ -6.65% growth year over ye...