Hey BP,I'm seeking feedback and experience about getting started in buying a Multi Family Property. My Goal: Start off with buying a Multi-Family in New Jersey (I reside and work in NJ). I want to spend no more than $...
Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...
Fellow investors and landlords,I have decided to offer my tenants a small discount for paying their rent on time, in light of the current situation. Its not because I think it will be a huge deal, mainly to thank them...
My wife and I are planning to get a second vehicle. We've been able to get by with one to save more money. We're planning to buy our first rental property asap and plan to manage it ourselves, at least to start. I've...
As an excited newbie, I have very little experience in real estate investing so at a meeting with my financial planner I asked about house hacking as a busy professional and he stated it would be a bad idea. This too...
I have only ever lived in Wisconsin so I do not have a good idea as to how it compares to other places. I know it always seems that the grass is greener in another state but I want to get some sort of consensus.
The...
Ok, so I'm no REI guru (yet), I have purchased two primary residences, and have two other rentals, but I have never heard of an agent charging to look at a property that I'm going to use them to purchase. Am I old (do...
Hello fellow REI just asking opinions of members regarding the pluses and minuses for a first rental property. I have been able to save around 25k cash in the bank with no debt to my name and minimal life expenses (li...
A little background first. In 2011-2012 purchased with 20% down loans 10 condos in sunny San Diego. Averaging about $48,000.00 cash flow. Life was good. Then I calculated my return on Equity and noticed San Diego ...
Just saw a story on 60 minutes about several very large banks manufacturing ownership documents. All related to mortgage forclosures in the past several years. It appears they can not come up with the real title of ow...