Does anyone have an investing strategy of buying and holding property in low income neighborhoods? I have heard the saying, “the poor” need housing too. I am curious if anyone has made a niche out of this type of inve...
Hope this question is where it supposed to be.I have 8 propertys, 5 of which have loans.All total they clear about $7000 a month.I have a small side business and my wife is a killer realtor earning us an additional $1...
I want to start off on the right foot and was thinking of getting a gift for my new tenant.Has anyone here done this if so do you have ideas for what to get them?
Do you guys pay to get popcorn ceilings with asbestos removed? or do you guys do it yourself?Is there any advantage or benefit to having it done professionally and providing paperwork to an appraiser during a re-appra...
Picked up this house in Redford Mi on a bankruptcy deal for $58k. Redford is 15 min west of Detroit. Decent area where homes sell for ARV of around 80-150k depending on size/location. Redford is in the Livonia/Westlan...
Well. Woe is me. Here's the tale of a young, banana-headed investor who leaped fast without the analysis paralysis that so many would-be investors suffer from...
Okay, SO... to start, someone recently ask...
This is really bothersome but to be expected. I just cancelled a contract on a property I was planning to purchase because as time progressed we discovered so many defects on construction. Poor craftsmanship, lazy com...
So long story short, my interest rate has increased on my rental property and my mortgage payment went from $1220 a month to $1969. Tenants pay $2350/mo and after the rate increase, this no longer covers mortgage/taxe...
I am currently under contract on a 1-bedroom septic, 3 full bath, (has 3 full bedrooms with loft space) cabin near Gatlinburg. Priced at 740 K. plus needs 30-40 K to set it up and running as a STR. Talking to some loc...
I'm not sure of what my opinion is on this, and would like to see what others think on the matter.
Here on BP, the mass majority of advice and articles are focused on cashflow. I see the obvious benefits of cashflow,...