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Hey guys, so I have a tenant that moved in to my rental with his wife and baby and signed a year lease. Since moving in they have had trouble and there has now been a restraining order filed against the husband and he...
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How many of you have invested after disasters such as hurricanes? What are some things to look out for?How long and far are home prices depressed for?Do you have any tips, tricks or suggestions?Thanks in advance!
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Hi BP,After a few years of searching for a single family home (and being priced out of our target neighborhood) my husband and I decided to instead purchase a 2-3 unit multi-family home in the Bronx, NY. We're conside...
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Maybe this question belongs on the BRRRR forum. In any case, I'm asking about financing AND BRRRR so I guess it could go in either place. I have a rental unit (3BR/2BA) that I planned on doing a BRRRR with. I got i...
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Maybe it's me recently turning 34 talking, but my inability to get my real estate investing career off the ground is really starting to get to me. In December of 2014, I used an FHA loan to purchase a duplex in New Ha...
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After talking about it for years, my wife and I finally took the plunge and got our first rental (3/1 SFR). We bought the place off market from the property manager who is our neighbor. The place had tenants in it w...
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Is there anyway to get rent money same day? If my tenant pays on the 1st of each month, I do not get the money till a week later because of banking processes taking 5 business days. Then I am late for my payment. What...
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I've been dividing my monthly rental income into 3 buckets.
Bucket 1 goes into repairs for the property
Bucket 2 goes into the mortgage payment
Bucket 3 goes into future investment savings (MM acct due to higher ...
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OK, I know this has been beaten to death on multiple posts and podcasts but I'm still having trouble figuring out the best way to account for CapEx figure. Don't pounce just yet..hear me out! This is probably analys...
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We have quite a bit of equity in our home and are considering using a HELOC to become a "cash buyer" for a second home (Short Term Rental). The plan would be to pay back the HELOC using rental income (or just our inc...