Hi All,I've seen some posts about using a HELOC as start-up capital. Has anyone used an unsecured line of credit to make their first investment? I have a $200k LOC at 5% which is renewable each year. I am subject t...
Hello everyone,
I am currently in the process of closing on a Specialty Garage Condo located in Colorado. I was part of the initial investors to help secure the land and the bank loan. When discussing whether I wa...
I am under agreement on a property in which we will inherit a section 8 tenant. She lives in the smaller of 2 units and is interested in moving to the larger one when her lease expires because her voucher has increase...
Hello Folks,I am currently living overseas with my wife, she is active duty and i work for the Navy doing IT. We are headed back stateside in a little over a year. We have a rare opportunity where we are not tied do...
Good morning everyone,First off I am a new landlord. On Saturday 4/7, my tenant damaged one of the windows hardware on my property by forcing the window to close from the outside. I have a security deposit to cover th...
Looking for some guidance on Quickbooks as a REI who is only in the beginning stages. 1. Online vs. Desktop. In short, the benefits from the online version appear to be easy access from remote locations and having mu...
Hi, I'm relatively new to BP and have searched around the forums for an answer to this, but couldn't find a definitive response. My partner and I have been buying rental properties in Albuquerque for several years. T...
I understand in NJ, landlord is not collect to charge pet security deposit. Moreover tenant security deposit cannot be more than 1.5 times the rent.1. How do fellow landlords handle this situation? Charge $35/month pe...
I'm looking into investing in Ohio (possibly Cleveland), because of the cash flow. But I heard a lot of bad reviews about property management companies. Is it possible to self-manage in D areas? Here's what I'd want t...
List of Teaching - what you should know
New people ask all the time, "What now? and "How do I Do This . . ."and they Say, “I have Analysis Paralysis" and "I’m Just Getting into Real Estate" and "How Do I get Started"...