Good morning BP!I have evicted a tenant (in Texas) and received a judgment for about 3k. The courthouse says I can file an abstract of judgment which gets me paid if they sell any real property in the next ten years. ...
Hi all
I'm closing on my first property today a 3-family unit. I was wondering if I should set up another personal bank account for all activities. I'm going to be depositing my checks and if there are repairs I'm go...
Has anyone had this issue?I posted a new rental listing to Zillow, and it was active for about 30 minutes before it was relabeled as "off market".No explanation, no notification, nothing.... I am completely lost here....
I have a close friend who grew up with me in Colorado. He is currently serving as a Marine officer in the flight program. He is looking at beginning his portfolio, but would like to start it here in Colorado. I am jus...
Hi,I am interested in obtaining some buy and hold properties in Flint, Michigan. I was wondering if anyone has any experience in Flint, and if so how it has gone for them.Prices are good compared to the rent you can g...
I'm considering purchasing a property in active adult community. Any suggestion if this is a good way to start investing? I'm a newbie at this and any suggestions and/or recommendation greatly appreciate. Thank you,
I've got all of my ducks in a row (financing, agent, multiple potential deals). Have a few turnkey BnB properties I'm evaluating but not sure how to assess flowing revenue streams. I get that there should be some prem...
My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?
Hello, I am currently serving active duty military and have been reading up on REI and became really interested. I plan to start saving and actually give it a try, that is after I actually understand and feel fully co...