I just read an article that made a recommendation that I found weird and not a good idea, and want to get an outside opinion. When your tenant has been consistently late in rent and is clearly in danger of eventually ...
I'm curious to see how much of a myth the 1st Deal actually is.The Myth I'm referring to is "get your first deal and it's off to the races". As a new investor, I the more I listen to podcasts (and not just BP's) the m...
If you own one or multiple single families that you rent to service men/women, I would love your response to these questions:- What's the best part about investing with military tenants?- What is your biggest difficul...
A friend at my "day job" asked me a question this week regarding cashing in his 401k to fund purchasing more rental properties, when he learned that I was in the rental property business. He's a mid-forties corporate...
Hi BP community! I would love some guidance here... I have been working with a credit union to get a HELOC to allow me to tap my equity to buy additional real estate. As a final step, they requested an in-person appra...
What do you know about Andrew Holmes-Chicago REIA? I heard that to join the inner group you pay $10K-35K depending on what level you want? Welcome all feedback.
Hi, I'm a new landlord renting out my townhouse and I've just provided my first tenants with their accounting of the security deposit. The tenants are upset because of the amount I've withheld. Here are the basic fa...
I was recently in Los Angeles and I saw all sort of posters in Korea town - which has a lot of hard working people who have brought it up from the 90s -- LA riots, slums, etc. There are posters that say "Housing is a ...
Purchased a fixer and someone offered me $15,000 more to buy it as is. Since I just closed on the property - how can we get around FHA's 90 day seasoning requirement.
I just did this on another property - bought an...
I am starting this topic to open a dialogue regarding acceptable investor returns. What I mean by acceptable investor returns is as follows:
THE TOPIC:
At what point is the investor being greedy?
I will use the ex...