This is my first post so please be bear with me: I own a co-op in NY and have been renting it out. The numbers: Mortgage – $1580 Maintenance - $1,462 Sublet Fee - $281 – so it costs me $3325 a month to keep the apartm...
What is the 1% Rule in Real Estate? The 1% rule is a real estate investment guideline indicating the minimum monthly rent you must charge your tenant to break even on a rental property. The rule states that your rent ...
Please assist....I have a drug dealer for a tenant. I actually saw the person dealing. My immediate reaction was to call the police and evict him. Then...several things came to my mind.
a) If I have him arrested,...
Question Bp'ers. I have a Duplex that rents for $580 up and $580 Down(bought it for 17.5K) Anyway. the lower(inherited tenant) has been late on her rent for the past two months. She's caught up but has still not pa...
I've read a bunch of articles on BP but still can't get my head wrapped around the BRRRR strategies and specifically the financing parts of it... Could someone help me fill in the gaps?Obviously BRRRR stands for:B - B...
Hello community,The wife and I just purchased our first property that will be our primary for the first year or two on a FHA loan. We do plan on refinancing it after that time due to the ideal interest rate we are pro...
Tonight I am in London.
London is a place I visit often and was my home for three recent years.
During our time living in London, we - my family of four - visited as many places across Europe as practical, knowing...
I thought today I’d share an abbreviated story of how I house hacked my way to $1,000,000 using what I call the seesaw method. Before I get into it I think it’s important to provide some context.I am a fake engineer. ...
Has anyone taken the plunge and attended any of the "Advanced Training" courses put on by the Rich Dad Education company? Last fall I attended a three day seminar put on by Rich Dad Education, but because of the steep...
Hi all,I'm a 19 year old and have been wanting to get into real estate, specifically renting a property and putting it on airbnb to get cash flow, however I been seeing around that airbnb isn't what it used to be. Pe...