I live in expensive New York City and cannot really afford to invest here at the moment. Looking at properties out of state is extremely tempting and looks good. Much less expensive. Any thoughts? Is it a good idea? P...

Hello fellow BPers!Now, I know we’re all young at heart. But I’m specifically looking for those under the age of 35 to answer these questions. Feel free if you’re older to answer these questions too because honestly,...

Hello BP community !This is my first post so apologies if I am asking questions that have been asked or posting in the wrong spot :/I am 31 years old and looking to get in the market. I have some money saved up and wo...

When looking to purchase your first investment property, would you prefer a short term or long term rental plan?Would love some pros and cons! Thanks!

With our old contractor, years ago, we'd walk through a property right before we placed the bid, so we could see if my calculations for the renovation were on spot. He'd give me ideas, show me ways we could avoid/...

Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...

Salutations!Thanks in advance for any response I might receive to this question. I am a newbie. I am interested in maximizing monthly cashflow through acquiring rental properties. However, being in Los Angeles, there ...

OK, long story short... I bought a unit with 20% down about 5 years ago, fixed it up very nice, rented it out, paid off the mortgage note, sold it, saved up more $, and now I have just under $250,000 in my high yield...

I've scoured this site for months upon months and haven't come to a solid conclusion...so, I'm sure I am asking something similar to every other newb- and I apologize not only for the repetition but the length.***My q...

Well its been a rough year as a landlord for me so far. Even worse than the year Hurricane Ike caused its damage. To date since January first of this year I have spent an average of $1475 a month for repairs and vac...