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I purchased a SFH for $160k, and had about 40k (cash) in rehab and holding costs bringing my total investment to $200k.My loan is 150k, which with taxes and insurance equates to $1,550/mo. The tenant pays $2,000/ mo....
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Hi All,Due to the new Airbnb regulations likely putting them hammer in Dallas, I’m backing out of a deal that I was closing on in a week and swapping to LTR. (Follow up to a post the other day about my air bnb deal be...
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Hello BP family!My name is Andres and I am a 23 year old realtor in MA&NH. I have been in the business for just over 2 years and am currently seeking my first investment. I am hesitant with buy and flips given the...
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I have a two family house and the plan is to buy another one in 4-5 years. Keeping the current one, rent out both units, and move into the new one. We've been saving up for a down payment to do 20% down. Currently hav...
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I have a tenant in a rental property in Florida. They are about 6 months into their 1 year lease. I found out a couple days ago that they suffered a heart attack and are in the hospital. They are elderly and in po...
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I'm looking to get my feet wet in buying rental property soon. And I was wondering if it's a completely foolish idea to hire a property management company for my first rental house, probably single family.
I underst...
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I am researching to buy my first rental property. I am looking in the Washington DC area. Most of the houses / condos will be in the 500k range. When running mortgage calculators, the monthly cost would be:Mortgage...
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I have a new property in a maybe at best C class neighborhood. I’m having trouble qualifying tenants. I have a lot who work jobs as servers or bartenders and make cash tips. Or I just had someone tell me today their m...
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Market Growth: Texas cities like Austin, Dallas, and Houston have experienced rapid growth, but is the market becoming oversaturated?Cost of Living and Affordability: Texas has been known for its affordability—how doe...
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I have a budget of 5k... I would like to hear from others on ways to increase my income. I thought about mobile investing, as well as spending it on marketing since I am a licensed agent.Any suggestions for most ROi?