Joey Nakayama
Move-in fee v. security deposit
As a Chicago landlord, I've noticed many local apartment listings that ask for a non-refundable move-in fee instead of a security deposit. I suspect this is partially due to Chicago's strict laws regarding security...
Ryan Doyle
I think I found a deal on a MHP...need input...
I'm currently in the initial phases of talking with the owner, but here is what I know so far:Rents are about half of market...owner is aware of this. He hasn't raised rents in over 10 years as he prefers to keep the...
Shawn Davis
Getting Ready To Quit the W-2 and Go Full Time REI - What Are You Doing For Health Insurance???
Hello All -We are about a month away from getting completely out of all W-2 employment and going full time (hubby & I) in REI. We have been thinking about this for a while and feel like we are in good shape to do...
Chris Simmons
Duplex purchase 100% financed - Is this worth it?
I am looking to go from 3 single family units to 9 units total by purchasing these 3 duplexes down the street from 2 of my other rentals. They were listed for sale at $155,000 each and did not sell. He has since can...
Daniel Jodrey
HUD Homes- Pros and Cons
Hello BP World!I have been with BP for a few weeks and have learned an incredible amount. Knowing very minimally of what I am talking about, I cant help but be drawn to a HUD home as a first investment. Ultimately, I ...
Account Closed
Best Rental Property Markets in Baltimore Area
Hello BP Colleagues, I am a newbie to the real estate investing business. My goal is to obtain a single family home or duplex in the next 6 months. I am currently researching markets in Baltimore City/County. Where ar...
Tony Marcelle
What do you know about Airbnb?
Is it impossible and illegal to profit from Airbnb without owning the property? I got an invite to a webinar that talks about how to make a lot of money with Airbnb without owning YOUR own property, but I did not atte...
Justin Yurong
Tenant Wants to Move Out Before Lease
I am self-managing my single-family home rental in Fresno, CA. My current tenant just notified me that they would like to move out by the end of next month. However, their 1-year lease is effective for 6 more months a...
Pearce Trenary
First STL: Target CashFlow or Location Near Home Base
Right now I am at the beginning journey of acquiring my first short-term rental. I have done much research and found a handful of locations. I am between Outer Banks, NC., and Apollo Beach, FL. Outer Banks shows 18% b...
Gregory Montalto
Do you avoid slab houses like the plague?
In our area, there is a high volume of undervalued slab homes on the market. After one bad experience in renovating one we have decided to avoid them in the future for the following reasons:
- Difficult to ac...