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Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...
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Background:
I've always had an interest in owning rental property, but due to living in CA and my inexperience I had assumed it was only accessible to those with significant cash in the bank, so I figured it was som...
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All:
I've got a well qualified tenant that I would love have...except she has an ESA that happens to be a pit bull mix. I'm fine with the ESA but I think my insurance won't be fine with the dog.
Waiting to hear back...
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I'm curious as to how many of you SUCCESSFUL investors attend college (how many years) and what did you study? are you doing both what you studied and real estate? or only real estate?
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It looks like Clayton Morris' (Morris Invest) House of Cards is finally starting to crumble. This article just came out today.https://www.indystar.com/story/news/2019/03/26/fox-and-friends-clayton-morris-investment-re...
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It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
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Hi All,In the process of renting our property, we received many applications. One of them was an aggressive lady on section 8. She assured us she has excellent credit score. My dad who was helping with the process, se...
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Hi all!New to the BP site and excited to network with like-minded individuals about investing in real estate.A little about myself: born, raised and have lived my entire life in Wisconsin. Married with no human childr...
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Hey everyone, I was talking to a friend of mine who’s renting a basement apartment from the landlord who lives upstairs. There’s a separate entrance to the apartment. What I found odd is that the landlord wrote into ...
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Hello BP Community!
I have a multi-family (4-unit) property that my parents and I are looking to acquire in Michigan (Northern metro Detroit). It is an interesting piece and I would LOVE to get some feedback ...