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I decided to write a column about my own experience putting some of my investment properties on Airbnb, so that you too can learn from my mistakes, understand what a good rental requires, and learn some of the horrors...
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What's your motivation in being a part of the real estate business?
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Is everyone else finding that loan officers are completely unresponsive and unprofessional? I own 8 SFRs, and am looking to refinance several of them either to pull out some equity or to lower interest rates. These ar...
I had 2 rental properties in Chicago (I dont live in neither). One of them became a nightmare so I sold it a few months ago. I sold it for way higher than I bought it. I have all this cash in hand and I feel IRS is go...
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I was thinking in a long term view. Take two examples, tell me which you'd buy.House 1:100k house, 5k down, 20k in repairsRents for 2kCash flow is 500/moHouse 2:500k house, 25k down, no repairsRents for 4kCash flow i...
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Account Closed I Live in Detroit. I proudly live in Detroit. But for the past couple of threads about my fine city I’ve stayed silent to see which direction it would go; but I’m back to answer any questions you may ha...
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What prevents us all from becoming super wealthy? Plain and simple it is the return you get from your net worth. So, for an experiment take your net worth. That means, if you were to sell everything today and paid ...
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Hi all,I've done a little bit of real estate investing - I currently own 3 single family rentals in Indianapolis. I also own my primary residence and plan to convert the garage into a studio. I'm doing fine and see op...
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Just a question for other BP members: who all on this board have started their RE business from nothing? That means you had no money and no personal savings to put in to marketing, down payments, etc.Follow-up questi...