My situationHave a decent sized portfolio of stocks, bonds, etc and a main residence. Have about 250K to deploy in an alternative asset class, preferably one that inst correlated with the stock market.Work full time...
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...
The response I get most often when I ask this question is that it's disruptive to local lifestyles to have more frequently rotating tenants and as a result STRs can decrease property values. The first one is qualitat...
My tenants haven't paid their rent since July. I know, I'm too soft-hearted for this business, but I'm becoming less so, trust me. After they broke their 5th (6th?) promise on Friday, I served them with a 3 day noti...
Purchasing a 6 unit property in Maine (cold, snow), 3 separate buildings, that has separate oil furnaces for each unit. All of the furnaces are 20+ years old and the tanks are corroding. There is no natural gas in t...
A mature couple of Indian extraction have applied for one of my units. I am working on the application at present and have not finished processing it. They are first generation immigrants from India and it is clear th...
Ok, so I sold my investment house in Commerce City, Colorado.
Denver area, for out of state people.
We bought it 2 1/2 years ago for $120,000
Mortgage was aprx $900/month
Rented it out for $1,900/month
Listed f...
Hello everyone. I am new to investing and getting very close to finally getting my feet wet. Over the last couple of years my mindset has turned 180 degrees and I now look for investments rather than higher paying mor...