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A few questions below:Are renters in general bad at managing finances? My unit cost 3k/month to rent but you can get cheaper units for much less. My tenant is constantly late, which is a clear sign of financial issues...
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I have a property in which the rent has always been current, but it is now two days late. The boyfriend was found guilty today of two felonies and is awaiting sentencing with no bail.Now his girlfriend and two-month-...
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Hey BP Family, I'd love your insight on this.
I'm currently weighing two intriguing options: house-hacking a 4-plex or venturing into the realm of a mid-term rental with a single-family home or duplex, particularly f...
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I'm still new to real estate and wondering what's the best way about getting my first property. I'm looking forward to using the brrr method where you buy two properties a year for five years, and the every year after...
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Hello everyone,I am wondering if anyone in this community is up for a group exercise called “content connections.”What is the goal? To build editorial links.So, in the last couple years, especially after the Penguin a...
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Women are more risk-averse as investors, and while this is often blamed on a lack of financial literacy, the issue is more one of confidence, not competence: 45% of women with $1 million in investible assets were deem...
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A young potential tenant (college dropout I believe in early 20s) has applied and has excellent credit score and credit check but the credit history is just a year long or so. Trying to setup the business so no W2/Tax...
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Hello All,I have been living in my small 2 family house for a few years and am now moving. The renting market is great, I'm just outside the city and it would cash flow a good amount per year. But, if I sell now I co...
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hi BP
I have a question of how you would make this decision:
When rehabbing a 4 bedroom with small rooms (master <12x12) home, what factor would be favorable for a 3 bed/2 bath conversion?
my agent says: keep a...
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I'm 26 years old and my husband is 28. We currently have about $75k in savings. We own a 3 bedroom home in northern NJ that we took around a 385k mortgage for. I'm fantasizing about the idea of a renovation to our hom...