Aruna Abdool
Investing in long term rentals out of state
Hi. I'm in NY, which is not a landlord-friendly state, so I'd l like to invest out of state. What have you encountered investing in a state other than the one you reside in? How did you work to establish trust with th...
Peter Schuyler
Buying house for Child to help with In State Tuition Costs
My REI lawyer on BP said this might work, I wanted to get some feedback.My daughter will be attending a University in a different state next fallWe buy a small house for her this year, and put the title in her name in...
Douglas Graves
Pay off Morgage or buy more Rentals
Hope this question is where it supposed to be.I have 8 propertys, 5 of which have loans.All total they clear about $7000 a month.I have a small side business and my wife is a killer realtor earning us an additional $1...
Alexander Merritt
Quantity vs Quality Rentals
Hello BP!When first starting out using a Buy and Hold strategy and with limited capital, do you think it's better to purchase a bunch of lower priced properties in lower quality / depressed areas or spend a little bit...
Mark Shaffar
Would you rather buy a $40k rehabbed rental in a C neighborhood or $55k in a B?
I'm curious about neighborhoods as it relates to turnkey/ buy, fix, hold purchases. Most of us have preferences for A, B, C, or D neighborhoods when it comes to investing and rule out the others. My hunch though is th...
N/A N/A
1st time buyer: Owner Occupant or Rent
Okay, so I ended up starting two threads in one day but while I was stressing over where I'm gonna end up living 3 months from now:
I feel like I'm having such a hard time deciding on what I want to do because I alwa...
Majid Tahir
STR in Panama Beach City - Deal Analysis and questions
Hi everyone,I'm evaluating a condo in Panama Beach City Florida for a short term rental. Here are the numbers:Purchase Price: 290kARV: 285k - 300kNo major renovation is required. Here are the monthly expenses as I'v...
Derek Luttrell
How Often Do Things Really Go Wrong?
Hi Everyone, Pardon what could be a wildly ignorant question, but I drove from Chicago to suburban Indiana last weekend to look at some duplexes, and I am doing the same this weekend--needless to say, I am incredibly ...
Billy San Roman
Out of State Investing - How best to avoid analysis paralysis?
Aloha Everyone thanks in advance for reading. I have decided to move forward with my interest in REI and want to explore out of state options. The first logical step for me was to analyze markets and then choose one b...
Andrea Diaz
What would the expert do with 100k?
I have been learning about REI for the past year and just when I feel like I´m ready to get my first deal going, everyone keeps talking about how we are still in a seller's market and that we have seen better days. My...