i closed on my first rental. tenant pays 700 a month and i have no mortgage. i would like to build a rental portfolio and i think i can secure the resources to get into another property before i head to the garde...
I am trying to arrange financing for my first REI, I will owner occupy the unit, it will be a multifamily house. I went through a short sale little over 2 years ago because of a divorce. I subsequently moved across th...
I am a very young landlord and would appreciate any advice/help with this situation:
I had a great tenant for three years. There lease is up on the 26 this month and they just moved out on the 3rd.
The tenant has re...
So, I am going to do this post Jack Kerouac style. I just finished reading Bene Brown's book "Daring Greatly" its about being vulnerable and its motivated me to write some blog posts that for some reason I have been ...
I'm the proud owner of my first 2 family property that I recently closed on this month. It's fully rented with tenants in both units on month-to-month leases. I sent a termination letter to the upstairs tenant as I w...
Hello EverybodyI am new member, I would like to say hi to everybody. I have lost $700k cash and 3 years of my time in a failed business (no regrets) I own 2 Rental houses in Alberta. I am a Canadian living in Niagara...
My income now is divided as per the following: 30% of my income generated from daily work (9 to 5) as typical white-collar, and 70% of my income is from real estate rental, i am afraid that real estate will collapse e...
Being newbies with no time to waste, we dove in off the deep end exploring our path to financial freedom. And while the regrets are few the mistakes are many. Thankfully, we haven't acted on most of those mistakes exc...
Hello BP,I own a quadplex 4 unit multifamily in a state where marijuana is not legal in any capacity (recreational or medicinal); and one of my tenants (A) has mentioned marijuana smells coming in through the vents sh...
Obviously when one buys a property to rent, the expenses need to be estimated and accounted for. Is there a flaw to the logic of buying new construction to "control" the costs?
Buy new construction on a 10, 12, 15 y...