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Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
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The neighbor who lives next to my rental home has threatened to sue me because he alleges my tenant has not responded adequately to his requests that she quiet or remove her barking dog. He also complains that she hol...
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Below is a chart of the interest rate on the 10 year going back to 1880. As we all know the 10 year is a reasonable benchmark for mortgage rates. In other words, or what matters to investors, the 10 year determines ...
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Hi all,First-time homeowner (duplex) with first-time problems. Looking for advice on either heating or tenant-relations.I bought an up-down duplex in Minnesota in March of this year and moved into one unit, renting th...
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Hi BP friends. I'm an aspiring real estate investor and I have a question regarding cashflow vs net worth when starting out.I've made an introduction thread before but once again my situation is as follows. I am 30 ye...
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Hey guys, this is only my second post here, but any help would be greatly appreciated. I will try to keep this as short as possible.
I have an offer in on a duplex in a good school district. It was listed at ...
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If I were to open up an LLC for the purpose of buying property, how would I get a loan? Are there lenders that deal exclusively with LLCs?
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Hello there,
I'm in Michigan with a Section 8/Hud Vash tenant who has 3 more months on an initial lease.
Inherited a house from my mother 11 years ago and jumped in after researching landlord/tenant laws in Mich,...
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My neighbor's basement is flooding after some pretty heavy rain over the past week. They have called a basement guy out, who would solve the problem by jackhammering up the cement floor in the basement, digging a tren...
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Hi All,
I am a new prospective investor and I am putting together some information for a partner so that we can start the search for our first property! One of the to-do's that I am personally tasked with is to dev...