I want to start investing in real estate, and I am going over all these books to see the type of strategy that I am going to follow. Right now, the one that has been catching my attention the most is the BRRRR method....
Hi, I'm Pat from Anchorage, Alaska and bought my first house when I was 19. Open a Flooring store called Big Bobs Flooring at 20 and still running the shop and selling flooring. Bought my second house at 26 to flip b...
Hello all,
We have a rental property in So Cal, that had an unfortunate fire incident last August. The tenants called the fire department of the same city where the home is located, and the fire was put off. The fire...
Hey guys, I have a dilema. I want to start investing in RE. I have listened to many podcasts, read many posts/forums, watched many webinars, and etc. I live in NYC and ideally I would like to house hack in the Bronx b...
How can I charge my tenants for electric and water usage when it's all on one meter?do I just include everything in the rent and check on the past years usages and add it that way
Hi! I am self managing all of my properties and at the beginning I just signed leases with fixed utility amounts for simplicity. I’m realizing that was a mistake because the tenants are running up the utility bill. Pu...
[WARNING: The following post contains satire and might not be suitable for some audiences. Read at your own risk!]
I was absolutely e...
BP, I have started my venture into Out of State investing and need to consult with a CPA as well as have one ready for next tax season. I have reached out to one already but am not getting the responsiveness I would l...
About a week ago i got my first property under contract. Price was a little higher than what i wanted to pay but i got it off of MLS and it had "multiple offers" so i had to come in at highest bottom line price. I tho...
Hi all-My husband and I currently own 4 rental properties. We have no mortgage on any of them. Current market value for all 4 combined is $325000. Rental income $4424/month. Currently have 20k in reserve and anoth...