Economic Update(Happy Martin Luther King Day)
Predictions for 2021? As 2020 has shown us, the world can throw so many curveballs at you that predictions can be about as useful as new year’s resolutions. In that s...
I want to get a head start in real estate but I don't exactly have a nice big income. I make almost 20k a year and have about 12k in savings. I can save pretty easy right now because I do not have many expenses.One of...
Hi all,I signed up with Buildium and was hoping for some advise or tips from experienced Property Management software users. I only manage my five SFRs, nobody else's. I decided to start using Buildium now to stay ahe...
I booked a rental at a Northern Michigan lake house recently, and now that I'm an expert, I naturally had much to critique. This was a 5 bed, 3 bath house right on the water, and more of a house-hacking STR vs. a prof...
We have found a vacant lot that we have mailed the owner to offer to purchase. It appears that there was a fire and the foundation remains. Has anyone ever purchased a property like this? I'm assuming you would need ...
A brief summary of me and my situation;
I’m a 21 year old kid from Michigan, currently netting $32,000/yr from two different jobs, plus an additional $3,000-7,000/yr from side hustles. (I’m a chef, and I help maintai...
I keep reading these stories of people starting off in Real Estate with no money. They hook up with a Private Money Lender then obtain properties to hold for long term investments. Can anyone elaborate on how this is ...
I've been interested in REI ever since I read Rich Dad Poor Dad 3 years ago. I will be graduating from LSU this August and will be working for a national insurance provider as an employee benefits rep. It's a base + c...
I'm going to look at a property that makes great sense on paper but has been on the market for too long. It is also 2 1/2 hours away, a bit farther than I usually look. I'm looking at paying a contractor/inspector to ...
Hi BP! Last year I teamed up with my longtime buddy and purchased a 4 bedroom (single family detach) house near campus while we are finishing up our degrees.We use 2 bedrooms for quiet living/study, and offer the othe...