Investing is about leverage. Leverage is about stability. If the rate on the loan adjusts annually, you can be pretty sure the rate will adjust up. Take a look at how just two percentage points can change your payment...
Hi all. Newb here! My wife and I purchased our first investment property in MI. It’s a small duplex in Hastings, MI. We closed last week and are going to talk to current tenants this afternoon. Curious if other memb...
Looking to make an offer on my first rental property. It is a two bedroom, one bath condo unit in Oak Lawn, a southwest suburb of Chicago. Neighborhood is a nice, middle class area.
Listed as short sale on ...
Hey all,Anyone have experience in dealing with HD on an extended warranty? They use a 3rd Party Company "Asurion". This has been a "Twilight Zone" like nightmare. Anyone else have the same experience? Is this a on...
Hi all,
What a great forum :D and the perfect place for me to vent today! As it happens, I am very concerned about my tenants - many Sec 8 voucher holders reside at my building and several of them are model tenants...
I have been considering purchasing a 2 bd single family. Are they worth buying? They are pretty cheap but are they hard to keep rented? Anyone have experience with these? I would think that they have high turnover.
I have a note in FL, borrower isn’t paying the insurance, too expensive, I guess.
Borrower is very abusive and uncooperative with loan servicing … I’ve given up trying to work things out with them. I don’t want to...
Just a tip for you all starting out… Don't rent to strippers, hair stylists, bartenders etc… If they are in the cash business, they are uncollectable. You need to find someone with a good job that is not worth leavi...
Hello BP!I've very new to BP, but have lurked and engaged a couple times over the past weeks. I was hoping for some problem solving ideas and honest opinions on my potential First deal (My Parents' out-of-state vacat...