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...
This seems to be happening to me every time now...and then they ask for highest and best. I make my highest, and then they end up choosing someone else...it's very annoying.
I'm curious what methods other landlords use to collect rent each month.I like collecting rent in person each month because I get to see my tenants and make sure the property is in good order. But as I grow with more...
I’m about to purchase a property where everything has been replaced in the last 4 yrs (roof, furnace, AC, siding, windows, kitchen, floors, plumbing, ect.) the previous owner did all the work himself since he is a car...
Meaning, in my city, prices have moved forward so aggressively that they have made up for all of the 2008-2010 losses, and there is still somewhat low inventory. Two things kind of concern me - one, the way constru...
Would or have you done a cash out refi at these low rates to just have the money in the bank waiting on a market correction?
Hello BP family!So I am a newer Investor/Landlord (since 2014). My question to fellow investors and landlords is how do you charge your late fee structure on your lease agreement, and how much do you charge? My state ...
Hi BP experts- I have been listening to the podcast for a few months now and am learning lots. I am a current investor and working on trying to figure out my next steps. We moved to Orlando, FL a year ago from Boston ...
Obviously this will vary a lot. Can someone just give me a sample number of asking price and final sales price of an REO?